Deflation, deflation, deflation

wotsthat

Generali wrote: »

What we're seeing isn't deflation yet or probably at all. It's a one off repricing downwards of commodities, most likely in anticipation of US interest rate rises.

I negotiated a pay rise in April and deflation has been mentioned in passing on a few occasions to soften me up. I said deflation is a persistent reduction in prices rather than a one-off repricing of, mainly, oil so wasn't really relevant in pay rise terms.

Got 4% - thanks Gen. Enjoy the stew.

purch

Personally, I think he should make Cider with those Apples before they go bad :eek:

IveSeenTheLight

Thrugelmir wrote: »

Not if what are buying in to manufacture with is priced in US$.

I'm referring to the costs of distribution is dramatically reduced.

However please pedantically give a specific example you are referring to

Generali

wotsthat wrote: »

I negotiated a pay rise in April and deflation has been mentioned in passing on a few occasions to soften me up. I said deflation is a persistent reduction in prices rather than a one-off repricing of, mainly, oil so wasn't really relevant in pay rise terms.

Got 4% - thanks Gen. Enjoy the stew.

Cheers. Congrats on the 4.1% (real terms) pay rise.

The stew was very good apart from a couple of stray rosemary leaves.

Tromking

wotsthat wrote: »

I negotiated a pay rise in April and deflation has been mentioned in passing on a few occasions to soften me up. I said deflation is a persistent reduction in prices rather than a one-off repricing of, mainly, oil so wasn't really relevant in pay rise terms.

Got 4% - thanks Gen. Enjoy the stew.

As a public sector worker who has only received one pensionable pay rise in 5/6 years, does this news mean Gideon has a ready made excuse to give me s*d all again next year?

padington

Tromking wrote: »

As a public sector worker who has only received one pensionable pay rise in 5/6 years, does this news mean Gideon has a ready made excuse to give me s*d all again next year?

The days are gone when you sit around for people to give you pay rises. Go and find it for yourself, it's a dynamic jobs market. If you don't vote with your feat, your encouraging your own demise.

kabayiri

I think we need a summary of terms :

Inflation - increase in prices
Deflation - reducing prices

Interest - money earned on capital
Disinterest - the result of any thread which bangs on about Scottish Independence for about 900 pages

HTH

Thrugelmir

IveSeenTheLight wrote: »

I'm referring to the costs of distribution is dramatically reduced.

However please pedantically give a specific example you are referring to

Fuel is only one element of distribution costs if you wish to that pedantic. Efficiently managing a haulage/delivery fleet requires the vehicles to be carrying their maximum goods weight.

Tromking

padington wrote: »

The days are gone when you sit around for people to give you pay rises. Go and find it for yourself, it's a dynamic jobs market. If you don't vote with your feat, your encouraging your own demise.

A mindset that is taking hold in the public sector hence the lamentable retention rates in some roles.
I`m not sure that encouraging that sort of behaviour is healthy if we`re interested in quality public services though.

chewmylegoff

I booked a return flight to Australia on Singapore the other day - £750. I paid nearly double that two years ago and the price has been well over £1,000 every time I have flown that route (which is conveniently about once a year for the last 8 years). The @rse has fallen out of the price...