Caporegime
- Joined
- 7 Apr 2008
- Posts
- 25,205
- Location
- Lorville - Hurston
I'm with octopus
Cost of Living - Shrinkflation is speeding up at an alarming rate
- Thread starter Ice Tea
- Start date
From a quick Google:
Octopus Energy has multiple tariffs with different off-peak times, including:
- Octopus Go
The off-peak period for this tariff is from 00:30–05:30, with a unit rate of 8.5p per kWh. The peak period is from 05:30–00:30, with a variable unit price that depends on location.
- Intelligent Octopus Go
The off-peak period for this tariff is from 23:30–05:30.
- Cosy Octopus
This tariff has three off-peak periods: 04:00–07:00, 13:00–16:00, and 22:00–00:00. The peak period is from 16:00–19:00.
- Octopus Flux
This tariff is available to homes with solar panels and a battery. The off-peak period is from 02:00–05:00, and the peak period is from 16:00–17:00.
Octopus Energy also offers Saving Sessions during the busiest times of day, usually between 16:00–17:00.
Wow!
So the Wife picked up a pack of 2 cream slices from Tesco, as she has done in the last many times - just had one, and it's literally lost a third of the size, but costs the same! I expect the (superior) custard ones have been chopped by an equally ludicrous amount, so won't bother with either again.
Takes the wee wee
So the Wife picked up a pack of 2 cream slices from Tesco, as she has done in the last many times - just had one, and it's literally lost a third of the size, but costs the same! I expect the (superior) custard ones have been chopped by an equally ludicrous amount, so won't bother with either again.
Takes the wee wee
M&S custard tarts at four for two pounds are rather good, tasty and so far remain the same size.
Soldato
- Joined
- 22 Dec 2006
- Posts
- 9,162
- Location
- Around Town
correlates to price of my daily cocoa/coffee/tea all going up, albeit I splashed out on a cheapening bottle of olive oil, to toast the new year.
Reeves is helping to shrink the high st. - WHSmith on it's way out, and JS closing restaurant+redundencies (restauarant area in our local one always looks attractive vs McD/kfc ... )
Reeves is helping to shrink the high st. - WHSmith on it's way out, and JS closing restaurant+redundencies (restauarant area in our local one always looks attractive vs McD/kfc ... )
Deleted User 298457
Deleted User 298457
What is JS?
Soldato
- Joined
- 24 Jun 2021
- Posts
- 4,152
- Location
- Oxon
and wheat prices (ukraine exports it)
and quantitative easing (inflation as a stealth tax)
and upcoming employer's national insurance rise will cause more inflation (Labour budget)
Last edited:
Sainsburys at a guess. His posts are always a bit cryptic.
Sainsbury's,
Last edited:
Soldato
- Joined
- 2 Jul 2019
- Posts
- 2,636
They made 3000 jobs redundant by closing their cafes, fresh pizza and cake services.
Some companies were probably trying to hold off price rises till new stock or contracts were renewed allowing them in a way undercut competition, but inevitably had to raise costs later down the line. Others raised prices early as they had an excuse, and the companies that saw no loss of sale numbers probably opted to raise prices again. There's also the inability to decrease quality of some products so price has to give.
Amid all the chaos from the examples given (wars, oil, etc), it's hard to tell without digging what company is doing what. I imagine post CV boom that companies are not looking to reduce growth despite that boom being irregular.
More businesses are likely to disappear in one way or another before prices can even be forced to drop. It's a bleak picture the more you look into it.
Some companies were probably trying to hold off price rises till new stock or contracts were renewed allowing them in a way undercut competition, but inevitably had to raise costs later down the line. Others raised prices early as they had an excuse, and the companies that saw no loss of sale numbers probably opted to raise prices again. There's also the inability to decrease quality of some products so price has to give.
Amid all the chaos from the examples given (wars, oil, etc), it's hard to tell without digging what company is doing what. I imagine post CV boom that companies are not looking to reduce growth despite that boom being irregular.
More businesses are likely to disappear in one way or another before prices can even be forced to drop. It's a bleak picture the more you look into it.
cocoa / coffee / tea are global warming premiums I thought ... olive oil had been climate too, but seems to have relented now,
seems to be a glut of good quality Italian tinned tomatoes too (stocked up on cirio in latest S
e: a clue
CIRIO Polpa Chopped Tomatoes, Italian, Canned, Tinned 4 x 400g
Sold by Amazon.co.uk
Condition: New
Quantity: 4
Total £8.00
Last edited:
Buying tinned tomatoes a product that is 95% + water from amazon seems faintly ridiculous even in the second quarter of the 21st century, a time famed for its inanity.
Edit; 69p a tin from any local supermarket, they are tomatoes.
BBC One - Panorama, What's on Your Supermarket Shelves? The Dark Side of the Tomato Trade
Runako Celina follows the tomato trail from China to Italy and then on to the UK.
Italian sourced tomatoes may also be Chinese slave goods.
Last edited:
Soldato
- Joined
- 25 Nov 2007
- Posts
- 5,581
- Location
- London
Price rises and inflation are separate.
If something causes a price spike, then the end of that situation would return prices to normal.
Inflation is just the money supply getting bigger because governments want to spend more but the growth of the economy is too poor to absorb said money supply, thus you have inflation, above the target.
Separate to both of those are government actions, for example rise in employers NI, Business rates, taxes, or regulations which are costs, cut them and prices can go down
So in terms of gas prices, russia/ukraine pushes them up, during the duration of the situation, but ultimately, what we get is a resolution, the resolution is a re-organisation of global flows, i.e. russia sells to china/india, while we buy from the US/Canada/middle east.
Then government actions, i.e net zero, carbon taxes, windfall taxes, not giving licenses etc, push the price up.
Then inflation on top, but you cannot see inflation in oil because its so volatile, unless you zoom out on a long time-span.
they are 50p a can ? and you can taste the cirio difference vs ktc say, use them on pizza toppings too
... in retrospect should have bought some of the plum variety .. probably something that should be added as a vegetable to male diets, as friends do.
cirio don't recan chinese .. not sure china even grows the same variety, too ?
I import a lot of stuff from china now and it’s often less than half the price than the same item at a UK retailer.
Yikes:
The big steal carried out by massive corporations/the energy and food sector that robbed us all blind with the "inflation" excuse whilst they raked in bumper profits is now starting to show its effects....
Firms going bust on track for worst year since 2009
Insolvencies rise 10% from a year ago in the three months to the end of September, official figures show.
www.bbc.co.uk
Firms going bust on track for worst year since 2009
The big steal carried out by massive corporations/the energy and food sector that robbed us all blind with the "inflation" excuse whilst they raked in bumper profits is now starting to show its effects....