We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
What is the real level of inflation for many?
Comments
-
GI e the guy a break, he has already mentioned 2 essentials, restaurant meals and apple i products......essential if you are a class warrior from Islington :rotfl:I think....0
-
grizzly1911 wrote: »All those discretionary things.
Has "i" anything fallen in price hadn't noticed heavy discounting on anything Apple.
Curious how things you really need in life only tend to go one direction in the main.
Like petrol and basic food prices falling you mean? How about mortgage payments?
As for Apple products, yes, there has been absoutely brutal deflation. You can now get a computer about a thousand times more powerful than its current price would have bought you 20 years ago.
I genuinely don't get, in the face of clear evidence, why people insist that the data are wrong. It makes no sense. Why cherry-pick (badly, in your example) things which are up by more than the index and imply that this shows the index to be wrong?0 -
Why not create a thread with an 'essentials' cost of living index and you could update it each month and show that it is always higher than CPI & RPI (which fell in January)
I don't need to, I know how my essentials spend is increasing. If you are deluded enough to accept the figures and feel they are true reflection of how inflation impacts you that is your call.
You and I have choices, many don't don't."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
15% - that's how price has gone up in most areas!Happiness is buying an item and then not checking its price after a month to discover it was reduced further.0
-
Like petrol and basic food prices falling you mean? How about mortgage payments?
As for Apple products, yes, there has been absoutely brutal deflation. You can now get a computer about a thousand times more powerful than its current price would have bought you 20 years ago.
I genuinely don't get, in the face of clear evidence, why people insist that the data are wrong. It makes no sense. Why cherry-pick (badly, in your example) things which are up by more than the index and imply that this shows the index to be wrong?
I didn't right the article.
Petrol at my closest garage is the same as it has been for 12/18 months. so is a big fat zero.
Food is our local supermarket has gone up.
Energy costs have increased at 4/5 times inflation despite searching out the cheapest deal.
Have Apple prices been decreased? The fact that a PC is a vastly improved has vast processing power doesn't make any difference if you don't need one.
Don't have a mortgage.
The data is is wrong it is how it is used that determines what answer you get. That answer could anything."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
grizzly1911 wrote: »Petrol at my closest garage is the same as it has been for 12/18 months. so is a big fat zero.
average petrol price is around 129p now
was 138p 12 months ago
was 139p 18 months ago
maybe your closest garage is just ripping you off?Don't blame me, I voted Remain.0 -
grizzly1911 wrote: »If you are deluded enough to accept the figures
Aaand there we have it, the expected insult when disagreed with!0 -
grizzly1911 wrote: »I didn't right the article....
You ddn't correct it, no.Have Apple prices been decreased?.
As I already wrote, yes. The basket attemts to be a like-for-like comparison. On that basis, there is vast deflation in compputing.
You do seem to struggle wit the idea that teh inflation index is not calculated for you alone. You do understand that people do buy computers, yes? If so, why do you seek to pretend that it does not matter in the index?The data is is wrong it is how it is used that determines what answer you get. That answer could anything.
No, the data iis not wrong, and nor can you get "any" answer. The methodology is published. If you believe it is wrong, show us why it is wrong.0 -
Aaand there we have it, the expected insult when disagreed with!
Was I responding to you?
If you consider that an insult then you have led a sheltered life.
What has it got to do with you.
No worse than clapton thows, I am sure he/she is big enough to respond should they wish to do so."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
grizzly1911 wrote: »I don't need to, I know how my essentials spend is increasing. If you are deluded enough to accept the figures and feel they are true reflection of how inflation impacts you that is your call.
You and I have choices, many don't don't.
The CPI doesn't pretend to be an index of prices for 'essentials' (whatever they are).
I believe, that by and large it measures what it sets out to measure.
Even though you know better, you choose to display have a faux outrage that it isn't an 'essential' index.
Very few in the UK have no choices. It's true to say many don't exercise them, as evidenced by the few people I see walking or cycling to local stores or the local town and the junk food they choose to buy.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards