Inflation drops again

[blue matt]

Re: Inflation drops again

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

Private schools around here have been on holiday for 3 weeks now, I have always said the summer school holiday idea is now so far out of date its unreal, we dont really have mass factory shut-downs these days, so why not make the summer holiday shorter ( maybe 4 weeks and have 2 weeks at 1/2 terms ) , stagger them 1/2 terms around the country then these holiday places won't have the upper hand with its increased prices

we looked at center parcs for 1st week in Aug, silly money, cheapest was £3200, I was expecting it to be honest, but still a little shocked at £3200 - £3900

from my point of view, the $ exchange rate has slightly improved, means Im paying the same price for this years US trip as I did last year, ( I know things are slightly more expensive over in the US right now, so we will adjust trip accordingly )

We might do a little more of europe in midweek breaks this summer, but its going to be a " last minute decision and go for it "

[SLUDGE FACTORY]

Re: Inflation drops again

Private schools around here have been on holiday for 3 weeks now, I have always said the summer school holiday idea is now so far out of date its unreal, we dont really have mass factory shut-downs these days, so why not make the summer holiday shorter ( maybe 4 weeks and have 2 weeks at 1/2 terms ) , stagger them 1/2 terms around the country then these holiday places won't have the upper hand with its increased prices

we looked at center parcs for 1st week in Aug, silly money, cheapest was £3200, I was expecting it to be honest, but still a little shocked at £3200 - £3900

from my point of view, the $ exchange rate has slightly improved, means Im paying the same price for this years US trip as I did last year, ( I know things are slightly more expensive over in the US right now, so we will adjust trip accordingly )

We might do a little more of europe in midweek breaks this summer, but its going to be a " last minute decision and go for it "

This year's US trip ?

If you are going to the states on a regular basis or anywhere pricey during these tough times then you are a lucky man

[pipster]

Re: Inflation drops again

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.

Do you get a state pension ? - if so the triple lock (I think that's what it is called) went up with the rate of inflation ?

If you have a private pension - then your pension fund is no doubt invested in lots of companies, shares, guilds, as well as a whole of other places.

If you are self employed - then sometimes you have good years and sometimes you have bad years - and the money you make depends on the market rate.

The problem most countries have is that inflationary problems re Ukraine are out of our control, same goes for Russian oil.

Would people would accept a payrise when inflation is high and when it comes back down again - they take a pay cut ?

[Eric Cartman]

Re: Inflation drops again

Do you get a state pension ? - if so the triple lock (I think that's what it is called) went up with the rate of inflation ?

If you have a private pension - then your pension fund is no doubt invested in lots of companies, shares, guilds, as well as a whole of other places.

If you are self employed - then sometimes you have good years and sometimes you have bad years - and the money you make depends on the market rate.

The problem most countries have is that inflationary problems re Ukraine are out of our control, same goes for Russian oil.

Would people would accept a payrise when inflation is high and when it comes back down again - they take a pay cut ?

[ ] Understands inflation

[LeningradCowboy]

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

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

And the tax thresholds have been frozen as well, so even if you get a decent pay rise, your disposable income doesn't increase by nearly as much.

[the other bob wilson]

Re: Inflation drops again

Do you get a state pension ? - if so the triple lock (I think that's what it is called) went up with the rate of inflation ?

If you have a private pension - then your pension fund is no doubt invested in lots of companies, shares, guilds, as well as a whole of other places.

If you are self employed - then sometimes you have good years and sometimes you have bad years - and the money you make depends on the market rate.

The problem most countries have is that inflationary problems re Ukraine are out of our control, same goes for Russian oil.

Would people would accept a payrise when inflation is high and when it comes back down again - they take a pay cut ?

I’ll get my four weekly state pension on Wednesday and I get my works pension, which is slightly more than the state pension, on the 17th of each month. So, my works pension was paid into my bank account on Monday and I’ve had to take money out of my savings to stop my bank account going into the red on Thursday. Now, a fair portion of my work pension goes straight into my savings, but it’s never all disappeared within three days before and I have had no exceptional payments to make this month.

[Dave Blue]

Re: Inflation drops again

Do you get a state pension ? - if so the triple lock (I think that's what it is called) went up with the rate of inflation ?

If you have a private pension - then your pension fund is no doubt invested in lots of companies, shares, guilds, as well as a whole of other places.

If you are self employed - then sometimes you have good years and sometimes you have bad years - and the money you make depends on the market rate.

The problem most countries have is that inflationary problems re Ukraine are out of our control, same goes for Russian oil.

Would people would accept a payrise when inflation is high and when it comes back down again - they take a pay cut ?

No because prices are not falling.

[Taunton Blue Genie]

Re: Inflation drops again

I’ll get my four weekly state pension on Wednesday and I get my works pension, which is slightly more than the state pension, on the 17th of each month. So, my works pension was paid into my bank account on Monday and I’ve had to take money out of my savings to stop my bank account going into the red on Thursday. Now, a fair portion of my work pension goes straight into my savings, but it’s never all disappeared within three days before and I have had no exceptional payments to make this month.

Not many people realise that you can have your state pension paid weekly.

[Des Parrot]

Re: Inflation drops again

Was told today, that the cost of a funeral has dropped 2 years in a row! Just the news I wanted

[Taunton Blue Genie]

Re: Inflation drops again

Was told today, that the cost of a funeral has dropped 2 years in a row! Just the news I wanted

My brother and I don't intend having one.

[Elwood Blues]

Re: Inflation drops again

Was told today, that the cost of a funeral has dropped 2 years in a row! Just the news I wanted

Lucky my son and the NHS saved me last August then!!!

[North Cardiff Blue]

Re: Inflation drops again

Private schools around here have been on holiday for 3 weeks now, I have always said the summer school holiday idea is now so far out of date its unreal, we dont really have mass factory shut-downs these days, so why not make the summer holiday shorter ( maybe 4 weeks and have 2 weeks at 1/2 terms ) , stagger them 1/2 terms around the country then these holiday places won't have the upper hand with its increased prices

we looked at center parcs for 1st week in Aug, silly money, cheapest was £3200, I was expecting it to be honest, but still a little shocked at £3200 - £3900

from my point of view, the $ exchange rate has slightly improved, means Im paying the same price for this years US trip as I did last year, ( I know things are slightly more expensive over in the US right now, so we will adjust trip accordingly )

We might do a little more of europe in midweek breaks this summer, but its going to be a " last minute decision and go for it "

Florida? How much these days?

[North Cardiff Blue]

Re: Inflation drops again

Was told today, that the cost of a funeral has dropped 2 years in a row! Just the news I wanted

That just cremation company has probably helped out with that.

[life on mars]

Re: Inflation drops again

The Office for National Statistics said on Friday (21 July) that retail sales had risen by 0.7% last month, a larger increase than the 0.2% forecast by economists polled by Reuters, following a rise of 0.1% in May.

Even better news as this effects ordinary folk not the rich
Discount pub chain JD Wetherspoon is on course for a record year, the company has said, after its sales in Easter week were the highest they have ever been.

Sales in the current financial year are likely to reach record levels, Wetherspoons said in its third-quarter trading update.

[blue matt]

Re: Inflation drops again

Florida? How much these days?

Depends on your budget, I plan Disney / Orlando holidays for others as a bit of a hobby, a few from the last few months, done a budget trip £8.5 K for the 4 of them, this was not staying on disney, flying TUI ,then upto near 20 K, flying BA, staying in a nice disney hotel, doing a few Star Wars things ( lightsaber build and going to the cantina )

but for point of reference my trips

Pre covid ( *PC ), Flights were about £3 K, Now, the same

14 day disney tickets *PC were just under £400 each , now just under £500

17 day car hire *PC about £600, now £550

A Sit down table service meal in Disney *PC for 4 people, £200, now £250 ( maybe £280 )

a Coke, *PC $4, now almost $6


I used to budget £ 10 - 12 K pr trip, will still do the same, but to combat the meal costs onsite, we will eat a few offsite, the kids love Taco Bell and we can all eat for $30, so that saves us $220 over a disney meal, do that twice and the food costs look similar

We are also doing a disney cruise, so its unfair to compare last years disney trip with this years, but £4 K more ( due to the cruise )