MSE News: Falling food costs see inflation rate slip

Former_MSE_Helen · 19 March 2013 at 12:11PM

"Inflation fell to 3.2% last month, largely due to falling food prices, the Office of National Statistics says..."

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Falling food costs see inflation rate slip

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lemontart · 19 March 2013 at 12:13PM

just a pity I have actually noticed falling costs in supermarket if anything they have gone up

[Deleted User] · 19 March 2013 at 12:42PM

indeed I haven't seen any fall in the price of food at all,maybe a fall in folk shopping quite so much as they have to make what they have go further.I went to a new Morrisons in Sittingbourne with my DD on Sunday and I must say I was quite pleased with what I bought and so was she and we did seem to get a bit more for our money.Its a pick and mix really as you have to watch all the time how much things cost but I certainly won't need to shop for at least another week as I managed to get all I wanted and a few bargains as well.DD has a large family and when she came out she said she thought as opposed to tesco's she had saved some cash ,but she does have to watch every penny at the moment and make as much as she can of her housekeeping.She recently started a new job so won't get paid until the end of the month so streeetching things has become the word of the day for her.her other half bless him made some chicken wings with a mixture of coating for her and the boys the other night and it was delicious and half the price of a KFC .I think a lot of people are making more food at home as the supermarkets where I live the 'instant' meals hardly seem to being sold at all.Perhaps folk have lost faith in the big stores after the horsemeat kerfuffle

jobdone1 · 19 March 2013 at 1:47PM

Don't get the latest figures, Food in my view is more expensive, petrol shot up through the month of feb and the end of last years fuel for gas and electric start to come through. HOW do they get to this ???????????

JohnRo · 19 March 2013 at 1:49PM

It'll be the price of champagne and truffles falling. Bankers probably get through quite a bit of it.

Stompa · 19 March 2013 at 1:55PM

jobdone1 wrote: »

Don't get the latest figures, Food in my view is more expensive...

For the food items that I buy, prices seem to have been pretty stable over the last few months.

jobdone1 · 19 March 2013 at 1:56PM

Stompa wrote: »

For the food items that I buy, prices seem to have been pretty stable over the last few months.

You must have been buying the cheap horse meat lol

Ken68 · 19 March 2013 at 4:07PM

Prices down ?????I don't believe it, somebody been massaging the figures..

Butterfly_Brain · 19 March 2013 at 9:47PM

There are lies, damn lies and then there are statistics.
My food bill has gone up by over £10 a week that is £40 a month £480 a year and gas and electricity prices are a rip off and have doubled in the last 10 years.

ALIBOBSY · 21 March 2013 at 1:36PM

I think the title is a bit badly worded. My understanding of the results is it just means things aren't rising as fast as they were rising this time last year. Looking at the actual report it seems some more luxury items like chocolate and sweets have in fact fallen, but many food items are simply not going up as fast in price as they were last year.

The indices are about rate of change not an absolute up or down change as far as I understand it. So a simular thing would be the difference between acceleration and speed or deficit and debt. E.G a more correct title would be food prices not going up as fast see inflation fall.

Ali x

gailey_2 · 22 March 2013 at 5:23PM

I agree staples are rising.
hate it when basic lines go up.

MSE News: Falling food costs see inflation rate slip

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