True inflation rate

blue.peter

The September inflation rates have now been published. They're up a bit more:

RPI = 12.6%

CPIH = 8.8%

CPI = 10.1%

sevenhills

This is RPI inflation 

RobM99

It's subjective though. It depends on what you buy - or don't.

prowla

There's been inflation by subterfuge for quite a while, typically shrinkflation where the size of jars, or weights of goods  in a package have got smaller but the price has stayed the same (or gone up slightly).

I've never believed the ersatz 2% number.

It's just that petrol and gas prices have hit the headlines of late and made it more pronounced.

The good thing about it is that the supermarket price rises have made it make more sense to shop for better quality products elsewhere, from farm shops, small outlets, local produce, and so-on.

It's all well and good saying tech and so-on has gone down, but how many TVs do you have to buy a year to make that balance the books?

trevjl

I have a theory that if you keep bleating on about it, companies put prices up regardless whether raw materials etc have gone up because they think everyone is expecting it. Thanks BBC, you have so much to answer for !!!

sevenhills

prowla said:

It's all well and good saying tech and so-on has gone down, but how many TVs do you have to buy a year to make that balance the books?

A 48" CRT TV would have cost a lot of money 10+ years ago, now a flat TV less than £300
Once every five years, that deflation would certainly bring the overall inflation rate down.

MouldyOldDough

sevenhills said:

prowla said:

It's all well and good saying tech and so-on has gone down, but how many TVs do you have to buy a year to make that balance the books?

A 48" CRT TV would have cost a lot of money 10+ years ago, now a flat TV less than £300
Once every five years, that deflation would certainly bring the overall inflation rate down.

So you replace your TV every 5 years?
I reckon that you need to find a more reliable brand
We are still on a 12 year old TV
And it will hardly affect personal inflation at all
I mean £300 is hardly a game changer compared to average family outgoings of £30k pa

RobM99

MouldyOldDough said:

sevenhills said:

prowla said:

It's all well and good saying tech and so-on has gone down, but how many TVs do you have to buy a year to make that balance the books?

A 48" CRT TV would have cost a lot of money 10+ years ago, now a flat TV less than £300
Once every five years, that deflation would certainly bring the overall inflation rate down.

So you replace your TV every 5 years?
I reckon that you need to find a more reliable brand
We are still on a 12 year old TV
And it will hardly affect personal inflation at all
I mean £300 is hardly a game changer compared to average family outgoings of £30k pa

Some folk replace them to get an updated, modern one. Otherwise we'd all still have 12" screened B&W sets in mono with a twiddly dial to tune in. Oh, you still have?

MouldyOldDough

RobM99 said:

MouldyOldDough said:

sevenhills said:

prowla said:

It's all well and good saying tech and so-on has gone down, but how many TVs do you have to buy a year to make that balance the books?

A 48" CRT TV would have cost a lot of money 10+ years ago, now a flat TV less than £300
Once every five years, that deflation would certainly bring the overall inflation rate down.

So you replace your TV every 5 years?
I reckon that you need to find a more reliable brand
We are still on a 12 year old TV
And it will hardly affect personal inflation at all
I mean £300 is hardly a game changer compared to average family outgoings of £30k pa

Some folk replace them to get an updated, modern one. Otherwise we'd all still have 12" screened B&W sets in mono with a twiddly dial to tune in. Oh, you still have?

No - I have a 32inch panasonic that is 100%  reliable and will go on until it finally fails (perhaps another 10 years)

MouldyOldDough

Sorry - i am wrong - its a 37inch and its HD - what more can anyone want ?