That means things are going up slightly less than they were. Party time.
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Going in the right direction thank god.
Cheapest fuel I've see for both petrol and diesel is is £1.39 @ Texaco on the road between Bridgend and Porthcawl , next best appears to be Asda at Coryton
Ovo have just dropped my standing order for Electricity by £30 bucks a month .
Something is happening ?
Still need to rein in the Supermarkets and Fuel sellers
That means things are going up slightly less than they were. Party time.
It just means that some of last year's whopping increases are now "in the baseline".
eg
If something doubled in price last year, that is 100% inflation.
The price has stayed the same until now, but has just gone up by a tenth...
Whoopee" inflation is down to 10%!
But things are still more expensive.
This is a very useful barometer of prices for fuel , https://petrolmap.co.uk/account
I just adjusted my life in terms of expenditure to mitigate the impact and that has worked well , cut out wasteful buying of luxury or stupid goods, drove slower , better controls around gas and electricity use , shopped by best value across all the supermarket's instead of just going to one , drank less , looked for better holiday breaks , cut my TV Subscriptions .
Feel i have mitigated the impact ..
Only because people aren’t paying so much for gas and electricity right now…..it’s summer
I couldn't give a monkeys about petrol prices as i don't have a car.
Food is still more expensive rents have shot up.
Never will we see where it was a few years ago though. Like petrol when it shoots up before slowly coming back down. They'll tell you it's falling and you should be happy, forgetting of course it's not really the case.
Still, if they didn't make billions of pounds in profit every few months they'd get very upset I'm sure
What rankles me is the price at the pumps differing I drove past 4 Texaco garages and the price ranged form £1.39 to £149 and they boast about a " proud to be in Wales " factor, it pushes out of one of the biggest refineries in Europe 270,000 barrels a day , employs a few thousand folk .. a standard lowest price for us in South Wales please , hey Mr Drakeford please have a word with them at the next hospitality event .
Sadly there will always be the same dopey ****ers who fall for it every time.
Seen a 3 bed house go up for rent in Merthyr yesterday £900 per month. New build but nothing special, small and located on a very busy road about 3 miles from town centre. People blinded by the fact it had a new cheap kitchen and brand new carpets. Someone from Cardiff “This is a steal, that would be £1400 where I live”. Nevermind that 4/5 years ago the rent for 3 beds was around 4/500 a month and has practically doubled in that time.
This so called “Levelling up” with London and SE message seems to have got confused somewhere along the way. Costs seem to be levelling up but not wages!!
It’s a race to the bottom
Im fortunate my mortgage is very low so I havent really been impacted by rents and house prices going beserk in the last few years, but both myself and wife work full time and with two teenage kids still have to live very much month-to-month. Dont get me wrong we do like to spend and dont scrimp and save for a rainy day (No good being the richest man in the cemetry) but I honestly dont know how people on minimum wage, or only one wage going into a household are able to survive. I really dont.
We are on holidays tomorrow its £5/6k for a half decent week away somwhere now for the 4 of us. Even a weeks holiday has become a luxury a lot of people cant afford. Something most people took for granted 5-10 years ago.
Holiday prices for people with kids in the school holiday period have gone ridiculously expensive. I used to whip mine out for the last week or two of school when all they do is play games, but you're not allowed to do that now. It's also not as cheap as it used to be because the Scottish and Irish kids break up two weeks earlier.
Not allowed? People still are believe me…..it’s not even that much cheaper this week compared to next, the posh/private schools are already off as they get longer, ironic as there the ones who can probably afford to go whenever but they all go straight away. Plenty of Doctors/consultants away this week so don’t go to A&E
Even cost of going down West has gone through the roof.
We are going to caravan for a few days in August £600 for 4 nights in caravan park in North Gower and thats with £250 off deal.
They put their prices up the year of "Staycation" after covid and havent put them back down. They wanted £1300 for a week. I remember paying that for 10 days for 4 us when they were little to go to a 5 star hotel all inclusive in Rhodes.