MSE News: Price wars help push inflation down

Paulgonnabedebtfree

oldvicar wrote: »

Five a day should be easy ... I tend to 'juice' in the mornings so all done by lunchtime.

Definition of an Alcoholic: Someone who drinks more than their GP.

Does anybody here care about inflation?? It looks like its just winos/weirdos having fun on this thread ... but I wold love it to turn to serious discussion.

5% inflation doesn't sound too terrible to someone who was around in the 70s and early 80s.
However, there are a couple of things about 5% that give me a harsh reality check:

1) Consistent 5% inflation means that the value of money halves in 12 years (though compared to late 70s/ early 80s when prices tripled in 7 years, it sounds almost acceptable)

2) If I don't put my window cleaning prices up, effectively I've taken a 5% pay cut. Now that sounds much worse than rolling "5% inflation" off the tongue. 5% pay cut sounds much more personal.

Paulgonnabedebtfree

oldvicar wrote: »

Definition of an Alcoholic: Someone who drinks more than their GP.

No. That's wrong.

It's "someone who drinks more than you who you don't like."

Consumerist

AirlieBird wrote: »

Yes, it is really very difficult to find them. I mean who would think that clicking on Consumer Price Indicies - November 2011 on the front page on the ONS website would bring them up?

It does seem to be a lot easier than it was when I last tried it. Let's see if its that easy in a week or two.

In any event, if MSE is taking the trouble to report on inflation then it would be helpful to also report the actual indices for those who might find them useful.