Food inflation at 9% !! The elephant in the room....
Discussion
http://business.timesonline.co.uk/tol/business/eco...
I was only commenting in Tesco yesterday to the OH that prices seem to be rising rapidly; a frozen pizza was £3 and even the Pizza Express chilled ones were labelled at over £4! (they don't cost that much more in the damned restaurant!).
According to the gubberment, inflation has come down this year to 3%......well that's great if we all want to buy a new telly, remortgage or buy/finance a car or something.
Problem is, not everyone wants to or can do this; however, we all need food!
Is it time to accept that the super-low interest rates of the moment need to rise, a la 1980s?
Is there an alternative?
As a non-economist with only a passing knowledge of the subject, I certainly don't have the answer. The scary thing seems to be that nobody else does either!!
I was only commenting in Tesco yesterday to the OH that prices seem to be rising rapidly; a frozen pizza was £3 and even the Pizza Express chilled ones were labelled at over £4! (they don't cost that much more in the damned restaurant!).
According to the gubberment, inflation has come down this year to 3%......well that's great if we all want to buy a new telly, remortgage or buy/finance a car or something.
Problem is, not everyone wants to or can do this; however, we all need food!
Is it time to accept that the super-low interest rates of the moment need to rise, a la 1980s?
Is there an alternative?
As a non-economist with only a passing knowledge of the subject, I certainly don't have the answer. The scary thing seems to be that nobody else does either!!
Martial Arts Man said:
http://business.timesonline.co.uk/tol/business/eco...
I was only commenting in Tesco yesterday to the OH that prices seem to be rising rapidly; a frozen pizza was £3 and even the Pizza Express chilled ones were labelled at over £4! (they don't cost that much more in the damned restaurant!).
According to the gubberment, inflation has come down this year to 3%......well that's great if we all want to buy a new telly, remortgage or buy/finance a car or something.
Problem is, not everyone wants to or can do this; however, we all need food!
Is it time to accept that the super-low interest rates of the moment need to rise, a la 1980s?
Is there an alternative?
As a non-economist with only a passing knowledge of the subject, I certainly don't have the answer. The scary thing seems to be that nobody else does either!!
Supermarkets are profiteering. Last year they blamed it all on oil prices but I haven't seen prices fall as oil prices have? Once they put the prices up the NEVER go down, but look at the profits and expansions Tesco et al are still reporting.I was only commenting in Tesco yesterday to the OH that prices seem to be rising rapidly; a frozen pizza was £3 and even the Pizza Express chilled ones were labelled at over £4! (they don't cost that much more in the damned restaurant!).
According to the gubberment, inflation has come down this year to 3%......well that's great if we all want to buy a new telly, remortgage or buy/finance a car or something.
Problem is, not everyone wants to or can do this; however, we all need food!
Is it time to accept that the super-low interest rates of the moment need to rise, a la 1980s?
Is there an alternative?
As a non-economist with only a passing knowledge of the subject, I certainly don't have the answer. The scary thing seems to be that nobody else does either!!
Brown and Boris said:
Martial Arts Man said:
http://business.timesonline.co.uk/tol/business/eco...
I was only commenting in Tesco yesterday to the OH that prices seem to be rising rapidly; a frozen pizza was £3 and even the Pizza Express chilled ones were labelled at over £4! (they don't cost that much more in the damned restaurant!).
According to the gubberment, inflation has come down this year to 3%......well that's great if we all want to buy a new telly, remortgage or buy/finance a car or something.
Problem is, not everyone wants to or can do this; however, we all need food!
Is it time to accept that the super-low interest rates of the moment need to rise, a la 1980s?
Is there an alternative?
As a non-economist with only a passing knowledge of the subject, I certainly don't have the answer. The scary thing seems to be that nobody else does either!!
Supermarkets are profiteering. Last year they blamed it all on oil prices but I haven't seen prices fall as oil prices have? Once they put the prices up the NEVER go down, but look at the profits and expansions Tesco et al are still reporting.I was only commenting in Tesco yesterday to the OH that prices seem to be rising rapidly; a frozen pizza was £3 and even the Pizza Express chilled ones were labelled at over £4! (they don't cost that much more in the damned restaurant!).
According to the gubberment, inflation has come down this year to 3%......well that's great if we all want to buy a new telly, remortgage or buy/finance a car or something.
Problem is, not everyone wants to or can do this; however, we all need food!
Is it time to accept that the super-low interest rates of the moment need to rise, a la 1980s?
Is there an alternative?
As a non-economist with only a passing knowledge of the subject, I certainly don't have the answer. The scary thing seems to be that nobody else does either!!
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