Inflation drops again

[lardy]

Re: Inflation drops again

I know my children have sought help and I have stepped up .

Noticed Mortgage rates slight dropped as well for the first time in months .

Buy hey ,get ready, as wheat is going to rocket up and Putin is once again threatening the worlds grain supply vessels .

Mortgage rates changing aren't going to have much impact on the majority of people, unless they're buying or are at the end of their locked in period.

[TheGoose]

Re: Inflation drops again

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

You'd think it can't continue really. At this pace in 20 years with how slow wages are rising. Then then BoE put out that nugget of advice to not expect pay rises in our jobs :hehe:

They pulled the ladder up generations ago, but the basements only starting to flood

[J R Hartley]

Re: Inflation drops again

You'd think it can't continue really. At this pace in 20 years with how slow wages are rising. Then then BoE put out that nugget of advice to not expect pay rises in our jobs :hehe:

They pulled the ladder up generations ago, but the basements only starting to flood

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.

[North Cardiff Blue]

Re: Inflation drops again

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.

[SLUDGE FACTORY]

Re: Inflation drops again

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.

5 to 6 k for a week in say majorca or crete for 4 ?

Fecking hell

Just take em to west Wales for a couple of long weekends?

[J R Hartley]

Re: Inflation drops again

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.

Yeah theyve definitely cottoned on to people taking the kids out a week or two early. Barely any difference in cost. Used to save a few hundred quid going the week before they break up.

[goats]

Re: Inflation drops again

No the wholesale price dropped .

Yeah because no one is using gas right now…..:thumbup:

[goats]

Re: Inflation drops again

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

[J R Hartley]

Re: Inflation drops again

5 to 6 k for a week in say majorca or crete for 4 ?

Fecking hell

Just take em to west Wales for a couple of long weekends?

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.

[pipster]

Re: Inflation drops again

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

No no and no - lots on this board wanted inflation to go up - so they could blame the govt. Good news is not what this board strives on. Remember folks there is a lot of hate out there on this board - and it needs as much fuel and negativity as it can possibly get.

[pipster]

Re: Inflation drops again

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.

The food you buy needs to be transported by vehicles using fuel.
rents have gone up - as most landlords are trying to get out the market asap. Less supply - same demand - price goes up.
Landlords (as I have recently discovered) seem to be happy with a 5% interest rate in a savings account compared to 6-7% yield on a property and have all the extra hassle of repairs / non payments / unable to get non payers out etc.

There is a lot to be said for a safe and steady economy and growth - since covid / ukraine the waters have been somewhat choppy

[Dave St]

Re: Inflation drops again

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.

And i couldn't give a monkeys about rent. I own my own house.

[the other bob wilson]

Re: Inflation drops again

The food you buy needs to be transported by vehicles using fuel.
rents have gone up - as most landlords are trying to get out the market asap. Less supply - same demand - price goes up.
Landlords (as I have recently discovered) seem to be happy with a 5% interest rate in a savings account compared to 6-7% yield on a property and have all the extra hassle of repairs / non payments / unable to get non payers out etc.

There is a lot to be said for a safe and steady economy and growth - since covid / ukraine the waters have been somewhat choppy

And they weren’t exactly calm before Covid/Ukraine. As someone who saw my works pension for this month eaten up by bills in three days, I certainly want inflation down, but it comes to something when an inflation rate of 7:9 is seen as a cause for celebration.

[SLUDGE FACTORY]

Re: Inflation drops again

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.

Don't give your money to jack filth

Cancel the holiday

At least if you go to Tenby they are probably ex pat brummies

[SLUDGE FACTORY]

Re: Inflation drops again

No no and no - lots on this board wanted inflation to go up - so they could blame the govt. Good news is not what this board strives on. Remember folks there is a lot of hate out there on this board - and it needs as much fuel and negativity as it can possibly get.

You are doing an incredible job of pretending not to be a tory but I think you are failing now