Clothing and food price falls drive down UK inflation
16/12/2020 | news | business | 164
Lower prices for clothing and food push down the UK's inflation rate to 0.3% in November.
1
16/12/2020 10:29:26 62 18
bbc
Absolute nonsense. Supermarkets are making a killing. All their prices have gone up.
8
16/12/2020 10:32:12 38 15
bbc
Totally agree. My weekly shop has gone up from £20 per week, to £30! And I'm not buying any more than I was this time last year, or even earlier in the year!!
14
CH
16/12/2020 10:34:08 10 2
bbc
Fuel prices on the rise as well.
116
16/12/2020 12:47:40 2 0
bbc
But they're not!!

Look at the results the supermarkets are issuing. Their profits have taken a big hit this year - they have had a lot of expense making Covid adjustments - their business is not as efficient as it once was.

They could have increased prices even more - they have been very fair!
2
16/12/2020 10:29:34 10 5
bbc
People largely locked down so infaltion falls. Whoever would have thought it.
12
16/12/2020 10:31:35 5 19
bbc
No-one forced you to read this news item.
3
16/12/2020 10:30:02 22 10
bbc
One thing is guaranteed, economists always get their forecasts wrong.

You have yo wonder why the BBC wheel them out every chance they get.
11
16/12/2020 10:31:19 12 34
bbc
Why do the far right hate experts and economists ?
Uncomfortable truths ?
4
ken
16/12/2020 10:30:44 6 5
bbc
if it was done correctly this figure would be a lot higher
5
16/12/2020 10:30:46 73 12
bbc
The UK's inflation rate fell dramatically to 0.3% in November from 0.7% in October.

Yet Rail fares to rise next year by 2.6%
What a farce.
13
16/12/2020 10:32:40 30 16
bbc
For a second time this week, I agree with you. Why are our government so weak with the rail industry ?
Private Sector efficiency see.....highest fares in Europe and they still want more.
29
16/12/2020 10:43:28 16 0
bbc
Germany has arguably better rail services than us. They pay 4x the rail subsidy we do. These facts may be related. It's simply a political choice - money on fares, or money on taxes.
117
16/12/2020 13:04:14 3 0
bbc
Because rail unions got 8% pay rises for their staff.
6
16/12/2020 10:31:15 14 5
bbc
It seems those shops that have been able to stay open have been heavily discounting just to get footfall and to do anything to cover their overheads. Not so easy to explain the rise in hotel and restaurant costs though, unless there are so few outlets available they can name their own price?
45
Pip
16/12/2020 10:57:04 12 1
bbc
A pint in my local went from £3.30 in March to £4.00 in July, however you look at it that's 21% just one of several increases that seem to have missed the current rates of inflation.............?
7
MVP
16/12/2020 10:31:52 10 7
bbc
Many people have lost their jobs and their livelihoods as a result of the pandemic and Brexit.

Inflation is down due to reduced demand.
61
16/12/2020 11:28:14 3 2
bbc
BUT BUT...Ports are blocked, nothing can get through. Supply and demand, empty shelves, raging inflation, house price crash, interest rates through the roof.

"Project Fear". Repeated more times than Only Fools and Horses and on the BBC too.

zzzzzzzzzzzz
146
16/12/2020 15:07:12 0 0
bbc
I feel sorry for all those Spanish Car workers who lost their jobs due to Brexit, and those French bank workers, and Unilever' Dutch HQ staff, meanwhile, the UK is going to suffer a lot of covid lock-down job losses.
1
16/12/2020 10:29:26 62 18
bbc
Absolute nonsense. Supermarkets are making a killing. All their prices have gone up.
8
16/12/2020 10:32:12 38 15
bbc
Totally agree. My weekly shop has gone up from £20 per week, to £30! And I'm not buying any more than I was this time last year, or even earlier in the year!!
161
16/12/2020 23:32:34 0 0
bbc
£30 try£150 to feed a family of seven
9
16/12/2020 10:28:38 6 23
bbc
If we have a daft No Deal Brexit, inflation will go through the roof.
So the BBC’s triumphalism here is misplaced.
10
16/12/2020 10:30:30 30 15
bbc
Haven't we been constantly fed the line that all prices would surge due the Brexit, especially food.
Yet economists and the BBC were taken by 'surprise' that it hasn't happened 'yet'.
18
16/12/2020 10:34:49 20 20
bbc
Brexit is allegedly happening on NYE.

We're not there yet, Mrs Impatient.
23
16/12/2020 10:39:16 6 4
bbc
We are still in the Transition phase. Do keep up at the back.
36
16/12/2020 10:49:16 3 3
bbc
And I haven't had my £5000 bill for Brexit, as promised by George, yet. What's going on???
3
16/12/2020 10:30:02 22 10
bbc
One thing is guaranteed, economists always get their forecasts wrong.

You have yo wonder why the BBC wheel them out every chance they get.
11
16/12/2020 10:31:19 12 34
bbc
Why do the far right hate experts and economists ?
Uncomfortable truths ?
26
16/12/2020 10:41:51 11 2
bbc
Far right? When did valid criticism of the BBC become fascist?
78
16/12/2020 11:39:24 4 0
bbc
When did economists become experts?
101
16/12/2020 12:00:04 5 0
bbc
Social science isn't actual science. There's a reason a graduate on one of those fields is a BA and not a BSc.
129
16/12/2020 14:25:56 0 0
bbc
Food Inflation dropping isn't an uncomfortable truth unless you are a rejoiner who didn't believe French Farmers when they said UK food would become cheaper than EU food after Brexit.
2
16/12/2020 10:29:34 10 5
bbc
People largely locked down so infaltion falls. Whoever would have thought it.
12
16/12/2020 10:31:35 5 19
bbc
No-one forced you to read this news item.
38
16/12/2020 10:49:56 2 0
bbc
It's a valid comment. In times of low demand, prices fall - it's obvious and should surprise no-one
5
16/12/2020 10:30:46 73 12
bbc
The UK's inflation rate fell dramatically to 0.3% in November from 0.7% in October.

Yet Rail fares to rise next year by 2.6%
What a farce.
13
16/12/2020 10:32:40 30 16
bbc
For a second time this week, I agree with you. Why are our government so weak with the rail industry ?
20
16/12/2020 10:37:57 11 2
bbc
Working from at the minute..

We have all been offered to work 2 days from home when there's some form of normality returned.
Maybe they're aware this is going to be a common practise and trying to get back lost revenue from this?

Or, just ripping us off.
48
16/12/2020 11:08:03 1 5
bbc
Because railways are private companies and set their own fares, fortunately.
121
16/12/2020 13:38:01 1 0
bbc
Because it's a great time with low inflation to put some extra money into investment without having to raise the fares excessively.

Oh and investment also means in the salaries of the employees which just happen to have gone up by 8%, or is the rail user not supposed to pay for that?
1
16/12/2020 10:29:26 62 18
bbc
Absolute nonsense. Supermarkets are making a killing. All their prices have gone up.
14
CH
16/12/2020 10:34:08 10 2
bbc
Fuel prices on the rise as well.
32
16/12/2020 10:46:11 4 0
bbc
Crude oil was $37.46 on 2/11 and is now $50.91. Not exactly a surprise
15
16/12/2020 10:34:39 18 11
bbc
All the news media outlets were predicting inflation out of control with prices rising due to Brexit and the pandemic, looks like they were wrong again. Wonder what they will predict next and we can go the opposite for reality.

They have tried to cover their mistake by adding this is due to Xmas sale, who would have thought shops would do a sale at Xmas like every previous year.
21
16/12/2020 10:38:31 12 5
bbc
As we have not left the Transition phase yet, nothing will have happened. Dependent on the Deal, it may happen in six-ninw months.
40
16/12/2020 10:50:20 1 2
bbc
probably lowering them so they can raise them again on the first to blame brexit
16
16/12/2020 10:34:40 64 10
bbc
Seriously gotta laugh. My weekly food shop always goes up never the other way.
5
16/12/2020 10:30:46 73 12
bbc
The UK's inflation rate fell dramatically to 0.3% in November from 0.7% in October.

Yet Rail fares to rise next year by 2.6%
What a farce.
17
16/12/2020 10:34:34 12 9
bbc
Private Sector efficiency see.....highest fares in Europe and they still want more.
10
16/12/2020 10:30:30 30 15
bbc
Haven't we been constantly fed the line that all prices would surge due the Brexit, especially food.
Yet economists and the BBC were taken by 'surprise' that it hasn't happened 'yet'.
18
16/12/2020 10:34:49 20 20
bbc
Brexit is allegedly happening on NYE.

We're not there yet, Mrs Impatient.
25
16/12/2020 10:39:47 6 3
bbc
Brexit has happened !
But hey fingers crossed you are right and prices surge, god forbid you might be wrong.
128
16/12/2020 14:23:30 0 0
bbc
You mean all those remainer complaints about price rises etc are not to do with Brexit? Do those people ever tell the truth?
150
16/12/2020 15:32:54 0 0
bbc
No, we were promised rampant inflation the DAY after we voted for Brexit. The old "we haven't...……...yet" doesn't wash anymore.
19
16/12/2020 10:35:50 4 6
bbc
Awww....the little Titbit of good news from HYS, thanks guys. ??
13
16/12/2020 10:32:40 30 16
bbc
For a second time this week, I agree with you. Why are our government so weak with the rail industry ?
20
16/12/2020 10:37:57 11 2
bbc
Working from at the minute..

We have all been offered to work 2 days from home when there's some form of normality returned.
Maybe they're aware this is going to be a common practise and trying to get back lost revenue from this?

Or, just ripping us off.
15
16/12/2020 10:34:39 18 11
bbc
All the news media outlets were predicting inflation out of control with prices rising due to Brexit and the pandemic, looks like they were wrong again. Wonder what they will predict next and we can go the opposite for reality.

They have tried to cover their mistake by adding this is due to Xmas sale, who would have thought shops would do a sale at Xmas like every previous year.
21
16/12/2020 10:38:31 12 5
bbc
As we have not left the Transition phase yet, nothing will have happened. Dependent on the Deal, it may happen in six-ninw months.
94
16/12/2020 11:50:49 0 0
bbc
when and if it happens, we will still have to go to work etc no one will know the difference, the media will say if anything goes wrong its brexit and if anything goes right they wont report it,
136
16/12/2020 14:37:12 1 0
bbc
You mean that when every time something happens that rejoiners jump on HYS to blame on Brexit, they are telling porkies?
22
16/12/2020 10:38:57 9 5
bbc
In other news, water is wet.....
10
16/12/2020 10:30:30 30 15
bbc
Haven't we been constantly fed the line that all prices would surge due the Brexit, especially food.
Yet economists and the BBC were taken by 'surprise' that it hasn't happened 'yet'.
23
16/12/2020 10:39:16 6 4
bbc
We are still in the Transition phase. Do keep up at the back.
30
16/12/2020 10:41:44 6 3
bbc
Oh I see, lets move the price surge back to suit the remainer argument.
Sandwich anyone ?
63
16/12/2020 11:30:21 2 2
bbc
Hasn’t the date of economic Armageddon been moved back several times already? So 1st January 2020 is the new doomsday. That’s less that three weeks away! And one of those weeks will be the Christmas period! Shouldn’t all the companies who are supposed to be leaving be deep in the process of laying off staff, opening their European operations and informing shareholders by now?
24
16/12/2020 10:40:05 15 14
bbc
Everything has to have a Brexit comment? Losers
44
16/12/2020 10:54:24 12 11
bbc
Well it's kind of important and if the 52% who voted to leave won't hold the government to account, the rest of us have to. Almost like you got what you wanted but it's the rest of us who have to put the work in.
18
16/12/2020 10:34:49 20 20
bbc
Brexit is allegedly happening on NYE.

We're not there yet, Mrs Impatient.
25
16/12/2020 10:39:47 6 3
bbc
Brexit has happened !
But hey fingers crossed you are right and prices surge, god forbid you might be wrong.
11
16/12/2020 10:31:19 12 34
bbc
Why do the far right hate experts and economists ?
Uncomfortable truths ?
26
16/12/2020 10:41:51 11 2
bbc
Far right? When did valid criticism of the BBC become fascist?
27
16/12/2020 10:42:52 6 3
bbc
Normal, with fierce competition, all businesses are desperate to keep the customers number steady.
28
jon
16/12/2020 10:43:21 4 0
bbc
Oh good news. The sales start on Boxing day!
135
16/12/2020 14:35:41 1 0
bbc
Not in The People's Republic of Wales, apparently
5
16/12/2020 10:30:46 73 12
bbc
The UK's inflation rate fell dramatically to 0.3% in November from 0.7% in October.

Yet Rail fares to rise next year by 2.6%
What a farce.
29
16/12/2020 10:43:28 16 0
bbc
Germany has arguably better rail services than us. They pay 4x the rail subsidy we do. These facts may be related. It's simply a political choice - money on fares, or money on taxes.
120
Dee
16/12/2020 13:36:46 0 0
bbc
Germany, like Japan, has an excellent record of railway efficiency. Even if the UK did get the same subsidy as Germany I still don’t think it would be run well.
23
16/12/2020 10:39:16 6 4
bbc
We are still in the Transition phase. Do keep up at the back.
30
16/12/2020 10:41:44 6 3
bbc
Oh I see, lets move the price surge back to suit the remainer argument.
Sandwich anyone ?
31
16/12/2020 10:44:56 7 0
bbc
At least it makes 0.5% interest on cash savings almost attractive.
33
16/12/2020 10:47:13 21 0
bbc
If you're getting that much you're doing well!
14
CH
16/12/2020 10:34:08 10 2
bbc
Fuel prices on the rise as well.
32
16/12/2020 10:46:11 4 0
bbc
Crude oil was $37.46 on 2/11 and is now $50.91. Not exactly a surprise
42
16/12/2020 10:51:14 0 0
bbc
Slightly offset by sterling V dollar rate improving.
31
16/12/2020 10:44:56 7 0
bbc
At least it makes 0.5% interest on cash savings almost attractive.
33
16/12/2020 10:47:13 21 0
bbc
If you're getting that much you're doing well!
109
16/12/2020 12:19:53 0 0
bbc
I am. Thanks.
34
16/12/2020 10:47:16 25 1
bbc
No point reversing the VAT hospitality cut in March as there won’t be any cafes/pubs/restaurants/etc left by then.
35
16/12/2020 10:48:07 5 2
bbc
The sales have already started, Black Everyday, as sellers just try to shift anything for turnover and the tiniest profit. For those who can afford things, there's bargains to be had but for many, spending power is reduced so that should limit inflation.
10
16/12/2020 10:30:30 30 15
bbc
Haven't we been constantly fed the line that all prices would surge due the Brexit, especially food.
Yet economists and the BBC were taken by 'surprise' that it hasn't happened 'yet'.
36
16/12/2020 10:49:16 3 3
bbc
And I haven't had my £5000 bill for Brexit, as promised by George, yet. What's going on???
37
16/12/2020 10:49:48 16 4
bbc
Where?
See rail fares are on the up... again. No surprise.
And a couple of pence quietly slipped onto the price of petrol and diesel, inspite of oil being cheap as chips, well if you believe food prices are going down that is.
Not seen my bill go down recently, but it has gone up and up, while the pack sizes of everything goes down... hmmm?
50
16/12/2020 11:10:36 7 1
bbc
Oil prices have climbed the last few weeks hence it reflecting on the price of fuel
12
16/12/2020 10:31:35 5 19
bbc
No-one forced you to read this news item.
38
16/12/2020 10:49:56 2 0
bbc
It's a valid comment. In times of low demand, prices fall - it's obvious and should surprise no-one
39
Pip
16/12/2020 10:50:19 32 7
bbc
Obvious those that set the rates don't shop in the same Supermarkets as me, or when they can, drink in the same pubs. 0.3% inflation complete twaddle.............?
15
16/12/2020 10:34:39 18 11
bbc
All the news media outlets were predicting inflation out of control with prices rising due to Brexit and the pandemic, looks like they were wrong again. Wonder what they will predict next and we can go the opposite for reality.

They have tried to cover their mistake by adding this is due to Xmas sale, who would have thought shops would do a sale at Xmas like every previous year.
40
16/12/2020 10:50:20 1 2
bbc
probably lowering them so they can raise them again on the first to blame brexit
41
16/12/2020 10:50:44 4 2
bbc
ZzZzZzZzZz
32
16/12/2020 10:46:11 4 0
bbc
Crude oil was $37.46 on 2/11 and is now $50.91. Not exactly a surprise
42
16/12/2020 10:51:14 0 0
bbc
Slightly offset by sterling V dollar rate improving.
43
16/12/2020 10:52:55 6 2
bbc
Excellent news
24
16/12/2020 10:40:05 15 14
bbc
Everything has to have a Brexit comment? Losers
44
16/12/2020 10:54:24 12 11
bbc
Well it's kind of important and if the 52% who voted to leave won't hold the government to account, the rest of us have to. Almost like you got what you wanted but it's the rest of us who have to put the work in.
145
16/12/2020 15:05:40 0 0
bbc
The world locks-down, such that the UN says the global economy will be destroyed if they keep it up, The EZ in so much trouble it ropes in all of the EU not just the EZ to create a 'recovery' fund to save Southern Europe. Then having been told forever that Brexit hurts us more than it hurts them, rejoiners ask us to believe the mayhem in UK is due to Brexit & on the continent it is due to covid?
6
16/12/2020 10:31:15 14 5
bbc
It seems those shops that have been able to stay open have been heavily discounting just to get footfall and to do anything to cover their overheads. Not so easy to explain the rise in hotel and restaurant costs though, unless there are so few outlets available they can name their own price?
45
Pip
16/12/2020 10:57:04 12 1
bbc
A pint in my local went from £3.30 in March to £4.00 in July, however you look at it that's 21% just one of several increases that seem to have missed the current rates of inflation.............?
62
16/12/2020 11:28:59 2 4
bbc
lol. 1st world problems are a bitch aren't they!
79
16/12/2020 11:39:10 3 0
bbc
4.00 pound a pint i dont know where you live but that sounds paradise to me
115
16/12/2020 12:43:29 2 0
bbc
A pack or beer bought from my local supermarket has stayed at exactly the same price during that time

I suggest you drink somewhere else as your local is ripping you off.
130
16/12/2020 14:28:11 0 0
bbc
The cost of all that social distancing, PPE, reduced capacity, reduced hours and spoiled beer thrown away and all the other costs associated with the Covid19 hysteria has to be added to the normal pre-Covid price.
46
AMC
16/12/2020 10:57:14 17 7
bbc
I do not no were they get the information about food prices,in the last 6 weeks my bill has gone up by £10 TO £12 a week (standard weekly shop)
47
16/12/2020 10:59:40 23 5
bbc
Not sure where they’re buying their food but it must be on BOGOF as my food shopping seems to be on a never ending upward spiral.

Fuel going up and computer games going in the same direction so the price of clothes and AV equipment must have crashed in November due to the early sales but did they really go down that much to offset the others?
13
16/12/2020 10:32:40 30 16
bbc
For a second time this week, I agree with you. Why are our government so weak with the rail industry ?
48
16/12/2020 11:08:03 1 5
bbc
Because railways are private companies and set their own fares, fortunately.
60
16/12/2020 11:26:49 3 3
bbc
Because railways we owned were taken and handed to political allies and donors, and foreign governments. That is the reality of privatisation.
49
16/12/2020 11:09:40 10 4
bbc
UK inflation rate fall?

Or to correct the headline:

Prices continue to rise at 0.3% on average

ooops, sorry... Did I say 0.3%? I meant 3.0%
37
16/12/2020 10:49:48 16 4
bbc
Where?
See rail fares are on the up... again. No surprise.
And a couple of pence quietly slipped onto the price of petrol and diesel, inspite of oil being cheap as chips, well if you believe food prices are going down that is.
Not seen my bill go down recently, but it has gone up and up, while the pack sizes of everything goes down... hmmm?
50
16/12/2020 11:10:36 7 1
bbc
Oil prices have climbed the last few weeks hence it reflecting on the price of fuel
75
16/12/2020 11:38:19 2 0
bbc
You’re correct but that wasn’t going into our cars in November ;
143
16/12/2020 15:00:41 1 0
bbc
Oil futures prices have risen. That means the oil they buy now is for 3 months time and hence the fuel they are selling now is based on an oil price from 3 months ago and therefore fuel prices should be dropping not rising.
51
16/12/2020 11:13:54 7 2
bbc
yes you guessed it train fares also going up for the eight time in a row. luxury travel now. i have a bike only and i like to walk so it gets me out. what can you do but keep on going. cant recall the last time i got new clothes i make do with what i have. food bills are what you make them i know people why take a calculater to the shops and stop at a certain level. sensible if on a tight budget.
52
16/12/2020 11:15:35 12 5
bbc
Tin of tomatoes 55p three weeks ago......69p this week......is that Brexit, inflation or just profiteering? As many have said, food prices have rocketed recently...I fear they're not just for Christmas!
82
16/12/2020 11:41:42 3 5
bbc
Ah well if you can point to one item, in one shop, then that proves everything doesn't it?
53
asb
16/12/2020 11:21:17 6 6
bbc
As the jobless total rises more and more people will use their local food bank for clothing and food. The Conservatives are the party of the food bank.
64
16/12/2020 11:32:08 7 3
bbc
The Labour Party had to.introduce foodbanks when they were in G overnment.
81
16/12/2020 11:40:53 0 0
bbc
Labour under Callaghan introduced the policy that took away milk from the 11 to 16 year olds that Thatcher subsequently supported and was vilified for embracing Labour policy...Labour also instructed many more coal mine closures than the Conservatives. Labour = Nasty Party...
54
16/12/2020 11:24:53 3 3
bbc
Coronavirus restrictions and the Hokey Cokey approach to lockdown mean thousands will be jobless and in poverty. Regardless of inflation, this is a deep tragedy that will scar the country for generations to come.
55
16/12/2020 11:24:57 15 9
bbc
Cant be true. Not long ago the BBC 'experts' were predicting a Brexit inflation crisis. Mind you they also predicted house price collapse, mass unemployment,hundreds of thousands of city job losses,pound crashing against the dollar (actually up 7%) etc,etc. Little wonder that BBC are now officially the least trusted national broadcaster.
66
16/12/2020 11:32:45 6 0
bbc
I can think of some other untrustworthy media outlets. Though the BBC can cherry pick what it decides to report and even more importantly what it doesn't.
And will too often publicise the unverified claims of some groups or even countries, reporting their spin as fact.
However with these inflation figures, this story is on the whole reporting some body's own stats.
76
16/12/2020 11:38:41 2 1
bbc
7% since when? Rather selective no?

Have more recent data on trusted broadcasters than this? Being selective again it seems.

https://www.campaignlive.co.uk/article/bbc-sky-guardian-most-trusted-news-brands-thanks-coronavirus-coverage/1677837

Easy to make a story by twisting the facts.
85
16/12/2020 11:44:45 3 1
bbc
i think your harsh on the bbc they saw covid coming years ago and thats how they got their unemployment figures, no sign of the beeb saying germany 950 deaths yesterday
56
16/12/2020 11:26:10 2 1
bbc
oh my godzees, like, i blames the brexzits
57
16/12/2020 11:26:23 4 5
bbc
These statistics have confused people, simply because it is not the experience of most everyday shoppers.

The everyday shop is getting more expensive. Higher cost food and clothing price drops are skewing these figures.

As usual, it's the rich that benefit here. Not the rest of us.
58
16/12/2020 11:26:45 12 1
bbc
For most people this artificial measure of "inflation" is rather pointless as it is price inflation that an individual or family see on what they actually buy that matters.
So people not frequently buying more clothes and footwear are not experiencing the effect of any price drops with them. Many people don't want to or need to constantly cram more of such items into wardrobes
89
16/12/2020 11:47:19 1 3
bbc
I made the point on a story a few weeks ago and was told its just naive of people to expect inflation to match what they pay, its shows the total ignorance on economics.

And they wonder why when people are / were experiencing 5x and more inflation in their daily lives nobody believes the figures.


The reality was / is Brown etc. could borrow more with lower rates. Hence fiddled.
59
16/12/2020 11:26:46 8 4
bbc
"Lower prices for clothing, food made the biggest contribution to the fall"

All those woke hypocrites who buying made this possible, please take a bow...

"China is forcing hundreds of thousands of Uighurs into hard, manual labour"
https://www.bbc.co.uk/news/extra/nz0g306v8c/china-tainted-cotton
65
16/12/2020 11:32:25 3 1
bbc
Yeah, yeah, a few thousand Uighurs make all of the Billions of tons of trade from China, right?

They've been using sweat-shops and child labour for years, so what's different?
48
16/12/2020 11:08:03 1 5
bbc
Because railways are private companies and set their own fares, fortunately.
60
16/12/2020 11:26:49 3 3
bbc
Because railways we owned were taken and handed to political allies and donors, and foreign governments. That is the reality of privatisation.
7
MVP
16/12/2020 10:31:52 10 7
bbc
Many people have lost their jobs and their livelihoods as a result of the pandemic and Brexit.

Inflation is down due to reduced demand.
61
16/12/2020 11:28:14 3 2
bbc
BUT BUT...Ports are blocked, nothing can get through. Supply and demand, empty shelves, raging inflation, house price crash, interest rates through the roof.

"Project Fear". Repeated more times than Only Fools and Horses and on the BBC too.

zzzzzzzzzzzz
45
Pip
16/12/2020 10:57:04 12 1
bbc
A pint in my local went from £3.30 in March to £4.00 in July, however you look at it that's 21% just one of several increases that seem to have missed the current rates of inflation.............?
62
16/12/2020 11:28:59 2 4
bbc
lol. 1st world problems are a bitch aren't they!
23
16/12/2020 10:39:16 6 4
bbc
We are still in the Transition phase. Do keep up at the back.
63
16/12/2020 11:30:21 2 2
bbc
Hasn’t the date of economic Armageddon been moved back several times already? So 1st January 2020 is the new doomsday. That’s less that three weeks away! And one of those weeks will be the Christmas period! Shouldn’t all the companies who are supposed to be leaving be deep in the process of laying off staff, opening their European operations and informing shareholders by now?
53
asb
16/12/2020 11:21:17 6 6
bbc
As the jobless total rises more and more people will use their local food bank for clothing and food. The Conservatives are the party of the food bank.
64
16/12/2020 11:32:08 7 3
bbc
The Labour Party had to.introduce foodbanks when they were in G overnment.
59
16/12/2020 11:26:46 8 4
bbc
"Lower prices for clothing, food made the biggest contribution to the fall"

All those woke hypocrites who buying made this possible, please take a bow...

"China is forcing hundreds of thousands of Uighurs into hard, manual labour"
https://www.bbc.co.uk/news/extra/nz0g306v8c/china-tainted-cotton
65
16/12/2020 11:32:25 3 1
bbc
Yeah, yeah, a few thousand Uighurs make all of the Billions of tons of trade from China, right?

They've been using sweat-shops and child labour for years, so what's different?
93
16/12/2020 11:51:41 1 0
bbc
They weren't harvesting the internal organs of the live people they were exploiting then, unlike now...
137
16/12/2020 14:38:37 0 0
bbc
Given they produce such a vast quantity of the world's cotton, ie the raw material, then not far wrong
55
16/12/2020 11:24:57 15 9
bbc
Cant be true. Not long ago the BBC 'experts' were predicting a Brexit inflation crisis. Mind you they also predicted house price collapse, mass unemployment,hundreds of thousands of city job losses,pound crashing against the dollar (actually up 7%) etc,etc. Little wonder that BBC are now officially the least trusted national broadcaster.
66
16/12/2020 11:32:45 6 0
bbc
I can think of some other untrustworthy media outlets. Though the BBC can cherry pick what it decides to report and even more importantly what it doesn't.
And will too often publicise the unverified claims of some groups or even countries, reporting their spin as fact.
However with these inflation figures, this story is on the whole reporting some body's own stats.
67
16/12/2020 11:33:20 5 1
bbc
Strange how inflation drops and BOE stick £250,000,000,000 in QE.
Yet above graph shows inflation above target (upto 50% +) for over 2 years, economy back to pre 2008 levels and interest rates still on hold lowered.

Inflation is only the wrong type and temporary when its the wrong side of target and no action required. So much for managing inflation then as BOE mandate.
68
16/12/2020 11:33:44 7 1
bbc
Just released, xmas relaxation goes ahead, watch prices when we go into the eight week internment end of December or beginning of January.
Politicians grinning like cheshire cats, they need transmission rates up to justify whats coming.
134
16/12/2020 14:33:24 1 0
bbc
What's coming is a revolution, if they aren't careful, starting in Wales if there is one.
69
16/12/2020 11:31:29 4 4
bbc
AMC
10:57
"I do not no were they get the information about food prices,in the last 6 weeks my bill has gone up by £10 TO £12 a week (standard weekly shop)"

Do you live on dried pasta and beans or summat? That wouldn't keep me in bog rolls. Meanwhile, just got my four-figure Xmas bonus - more than usual to reflect the insanely busy year. Yay!
73
16/12/2020 11:37:29 3 2
bbc
What an unpleasant and unnecessary comment.
70
16/12/2020 11:35:02 12 1
bbc
Many making comments on here saying that so many will be in poverty due to losing jobs that inflations doesn't make any difference. They are forgetting that there is massive pent up demand for going out for a meal, travelling, meeting down the pub etc. that as soon as restrictions liftin a few months the vast majority of the jobs lost will be back which potentially creating higher inflation.
122
16/12/2020 13:39:47 2 0
bbc
I hope you're right Steve, the roughly 1Million who are no longer employed will definitely be hit hardest, plus however many of the 2 Million on furlough don't have jobs to return to, potentially that's 10% of the pre-COVID workforce.

Whether the pent up demand you refer to really is increased demand or just reduced supply (as some hospitality has already gone) will remain to be seen.
71
16/12/2020 11:34:11 2 2
bbc
Food cheaper? I don't bloomin think so.
80
16/12/2020 11:40:27 3 0
bbc
Food has never been so cheap in real terms, for most people in makes up a very small percentage of their outgoings. If you want cheaper food try one of the discounters instead of the main supermarkets.
72
16/12/2020 11:35:47 2 0
bbc
rail fares up so will still use my diesel car, sorry kids for the future climate
141
16/12/2020 14:58:04 1 0
bbc
IF the climate models are as useless as the Pandemic models, you are saving us from an Ice Age, (probably the one predicted when I was a student and Hydrogen was to be the fuel of the future, but that was 50 years ago)
69
16/12/2020 11:31:29 4 4
bbc
AMC
10:57
"I do not no were they get the information about food prices,in the last 6 weeks my bill has gone up by £10 TO £12 a week (standard weekly shop)"

Do you live on dried pasta and beans or summat? That wouldn't keep me in bog rolls. Meanwhile, just got my four-figure Xmas bonus - more than usual to reflect the insanely busy year. Yay!
73
16/12/2020 11:37:29 3 2
bbc
What an unpleasant and unnecessary comment.
74
16/12/2020 11:37:48 2 1
bbc
Cool......I'll be going shopping tomorrow if knickers are down..........
98
16/12/2020 11:56:16 1 0
bbc
Thank you for the Barbara Windsor retrospective, cheeky...
50
16/12/2020 11:10:36 7 1
bbc
Oil prices have climbed the last few weeks hence it reflecting on the price of fuel
75
16/12/2020 11:38:19 2 0
bbc
You’re correct but that wasn’t going into our cars in November ;
55
16/12/2020 11:24:57 15 9
bbc
Cant be true. Not long ago the BBC 'experts' were predicting a Brexit inflation crisis. Mind you they also predicted house price collapse, mass unemployment,hundreds of thousands of city job losses,pound crashing against the dollar (actually up 7%) etc,etc. Little wonder that BBC are now officially the least trusted national broadcaster.
76
16/12/2020 11:38:41 2 1
bbc
7% since when? Rather selective no?

Have more recent data on trusted broadcasters than this? Being selective again it seems.

https://www.campaignlive.co.uk/article/bbc-sky-guardian-most-trusted-news-brands-thanks-coronavirus-coverage/1677837

Easy to make a story by twisting the facts.
77
16/12/2020 11:38:42 28 0
bbc
There was someone on the BBC news this morning saying that this reduction in inflation (food particularly) doesn't correspond with people's experience of prices dropping in the shops. That's because the rate of inflation has dropped NOT gone negative. This is basic stuff BBC (and others on here), a reduction in the inflation rate means prices are going UP less fast NOT dropping.
103
16/12/2020 12:02:37 2 0
bbc
“What we hadn't anticipated was the slump in food inflation from 0.6% to -0.6%, which came despite the boost to demand for food in the supermarkets during the second Covid-19 lockdown."

Most people on here are talking specifically about food and saying the prices of their food shopping is going up?
11
16/12/2020 10:31:19 12 34
bbc
Why do the far right hate experts and economists ?
Uncomfortable truths ?
78
16/12/2020 11:39:24 4 0
bbc
When did economists become experts?
45
Pip
16/12/2020 10:57:04 12 1
bbc
A pint in my local went from £3.30 in March to £4.00 in July, however you look at it that's 21% just one of several increases that seem to have missed the current rates of inflation.............?
79
16/12/2020 11:39:10 3 0
bbc
4.00 pound a pint i dont know where you live but that sounds paradise to me
71
16/12/2020 11:34:11 2 2
bbc
Food cheaper? I don't bloomin think so.
80
16/12/2020 11:40:27 3 0
bbc
Food has never been so cheap in real terms, for most people in makes up a very small percentage of their outgoings. If you want cheaper food try one of the discounters instead of the main supermarkets.
53
asb
16/12/2020 11:21:17 6 6
bbc
As the jobless total rises more and more people will use their local food bank for clothing and food. The Conservatives are the party of the food bank.
81
16/12/2020 11:40:53 0 0
bbc
Labour under Callaghan introduced the policy that took away milk from the 11 to 16 year olds that Thatcher subsequently supported and was vilified for embracing Labour policy...Labour also instructed many more coal mine closures than the Conservatives. Labour = Nasty Party...
52
16/12/2020 11:15:35 12 5
bbc
Tin of tomatoes 55p three weeks ago......69p this week......is that Brexit, inflation or just profiteering? As many have said, food prices have rocketed recently...I fear they're not just for Christmas!
82
16/12/2020 11:41:42 3 5
bbc
Ah well if you can point to one item, in one shop, then that proves everything doesn't it?
83
16/12/2020 11:42:58 13 0
bbc
Throughout this article there's not one mention of falling demand for clothing, which was mentioned way back. It's not getting cheaper at all, it's just not required to the same extent, partly due to shifting priorities & partly because most don't dress up to work from home. Also, if you're not commuting &/or socialising so much, you're clothes/shoes are going to last longer.
84
16/12/2020 11:45:24 1 0
bbc
What do you expect in a lockdown that everything is rosy and trade is booming What a stupid headline.
55
16/12/2020 11:24:57 15 9
bbc
Cant be true. Not long ago the BBC 'experts' were predicting a Brexit inflation crisis. Mind you they also predicted house price collapse, mass unemployment,hundreds of thousands of city job losses,pound crashing against the dollar (actually up 7%) etc,etc. Little wonder that BBC are now officially the least trusted national broadcaster.
85
16/12/2020 11:44:45 3 1
bbc
i think your harsh on the bbc they saw covid coming years ago and thats how they got their unemployment figures, no sign of the beeb saying germany 950 deaths yesterday
140
16/12/2020 14:55:33 0 0
bbc
Then they called it bird flu, and 150 Million would die of it worldwide, - Covid only has another 148,500,000 to go. Though given it has been around for over a year, maybe it isn't the new bird-flu after all?

http://news.bbc.co.uk/1/hi/world/asia-pacific/4292426.stm

Tho' Bird Flu is back, we are all doomed forget Xmas lock-down Xmas it's our last!

https://www.bbc.co.uk/news/uk-55201167
86
16/12/2020 11:45:04 1 0
bbc
Munster
11:37
to Fast Baz

Munster replied:
"What an unpleasant and unnecessary comment"

You're welcome!
87
16/12/2020 11:46:57 0 0
bbc
From that graph the chances of the BOE hitting the inflation target is about as good as an English player hitting the back of the net in a penalty shootout.
88
16/12/2020 11:47:16 3 5
bbc
i think it disgraceful that we have to seek help from the UN to feed our children. I suppose no one will see any connection with the tory government
91
16/12/2020 11:51:02 6 1
bbc
Oh Dear, Yet more anti Tory gibberish, As all right minded people are aware, It is consecutive governments, Including Labour and Lib Dem/Conservative coalition that has taken us to where we are today, To blame one single Party is foolish in the extreme.
58
16/12/2020 11:26:45 12 1
bbc
For most people this artificial measure of "inflation" is rather pointless as it is price inflation that an individual or family see on what they actually buy that matters.
So people not frequently buying more clothes and footwear are not experiencing the effect of any price drops with them. Many people don't want to or need to constantly cram more of such items into wardrobes
89
16/12/2020 11:47:19 1 3
bbc
I made the point on a story a few weeks ago and was told its just naive of people to expect inflation to match what they pay, its shows the total ignorance on economics.

And they wonder why when people are / were experiencing 5x and more inflation in their daily lives nobody believes the figures.


The reality was / is Brown etc. could borrow more with lower rates. Hence fiddled.
90
16/12/2020 11:49:59 0 0
bbc
really
88
16/12/2020 11:47:16 3 5
bbc
i think it disgraceful that we have to seek help from the UN to feed our children. I suppose no one will see any connection with the tory government
91
16/12/2020 11:51:02 6 1
bbc
Oh Dear, Yet more anti Tory gibberish, As all right minded people are aware, It is consecutive governments, Including Labour and Lib Dem/Conservative coalition that has taken us to where we are today, To blame one single Party is foolish in the extreme.
92
16/12/2020 11:49:56 5 0
bbc
Steve-T
11:42
"Throughout this article there's not one mention of falling demand for clothing, which was mentioned way back. It's not getting cheaper at all, it's just not required to the same extent..."

I've got plenty of cash but buy ALL my clothes from charity shops. New stuff is for mugs and fashion victims but someone's got to I suppose. Leaves me with more to spend on good stuff....
65
16/12/2020 11:32:25 3 1
bbc
Yeah, yeah, a few thousand Uighurs make all of the Billions of tons of trade from China, right?

They've been using sweat-shops and child labour for years, so what's different?
93
16/12/2020 11:51:41 1 0
bbc
They weren't harvesting the internal organs of the live people they were exploiting then, unlike now...
21
16/12/2020 10:38:31 12 5
bbc
As we have not left the Transition phase yet, nothing will have happened. Dependent on the Deal, it may happen in six-ninw months.
94
16/12/2020 11:50:49 0 0
bbc
when and if it happens, we will still have to go to work etc no one will know the difference, the media will say if anything goes wrong its brexit and if anything goes right they wont report it,
95
16/12/2020 11:52:15 11 2
bbc
Typical BBC non-event news..... and worse still, using BAME image of a shopper to be PC
108
16/12/2020 12:19:49 10 1
bbc
And it suggests from those images that only females shop.

The BBC is both racist and sexist.
96
16/12/2020 11:55:16 2 0
bbc
Shop closing, clearance sales would reduce prices- .
97
16/12/2020 11:55:49 0 0
bbc
The cost of living for us likkle people has gone up
74
16/12/2020 11:37:48 2 1
bbc
Cool......I'll be going shopping tomorrow if knickers are down..........
98
16/12/2020 11:56:16 1 0
bbc
Thank you for the Barbara Windsor retrospective, cheeky...
99
16/12/2020 11:56:40 3 0
bbc
Very high if NS& I are paying 0.01% interest on your savings
100
16/12/2020 11:57:24 11 0
bbc
Someone needs to tell my local Labour council that! Apparently going to be a 4.9% increase as they are giving themselves a payrise and that is just the tip of the iceberg, everything else going up except my pay!