aibu to think food prices are sky-rocketing.

[JingleBellez]

I just bought some bits at local co-op. It came to 72.99 and it wasn't much.

How on earth do those on a low income cope?

Are prices getting very high very quick or is it just me?

I shop at ALDI and I have seen prices increase. Went today and I know the price has gone up in lots of basic items. The price of pasta has really increased.

Raising interest rates only works to counter inflation if the cause if inflation is internal to the economy. Our current inflation is based on external causes (the pandemic, and slow reopening), albeit others related to some things that happened here (Brexit). Raising interest rates significantly will do little to help inflation and will further damage the economy, minor rises will make little difference either way.

Totally agree. But the BOE are tied by their mandate of 2% to some extent so have little latitude to consider either the causes of the inflation or the impact of rate rises. 🤦🏻‍♀️

The only way the situation can be improved and the impact of the global factors we can't control mitigated to some extent, within our framework would be by the Government implementing some sensible, evidence-based economic policies.

I will await the troop of flying pigs.

Guess it's a case of you've made your bed now lie in it...

Absolutely. And like the PP I have no sympathy at all for any Brexit voters who are now struggling with rising costs.

It's just a shame that they condemned so many other people who didn't deserve it to lie in that bed with them, without their consent. And until they apologise and admit they really f**ked up, I don't think any sense of solidarity in British society will return. They inflicted a much worse situation on everyone - very deliberately we are told, in full possession of the facts etc etc - so they need to take responsibility for this, pay up for the costs not expect others to do it.

The pandemic would have happened at some point, fortunately wasn't a more deadly illness, but should have been planned for better and managed waaaaaayyyy better by any competent Government.

But the Brexit effect - the most pointless and irrational act of self-harm in British history - on top of that is unforgivable while still no apologies have been made or attempts to repair the damage by those who caused it.

@JingleBellez

I literally had the cheapest tv xmas guide, some teeny salmon rounds, some chicken satay. Box of choccy biccies, some kinder santas (and kinder large eggs so that may have racked it up somewhat). 2 bottles of coke etc.

I've 3 kids and 2 incomes - how on earth do those on nmw cope?

chicken satay = £3.00 kinder santa £2.50 coke = £1.50 tv mag = 80p kinder large eggs = £5.00

so something is well and truely missing from your purchases to cost as much as you claim or they made one huge mistake, you need to check your reciept

*icelolly12

Are prices rising elsewhere at similar rate or just the UK?

It is running around 4-4.5% in EU countries, 6.2% in the USA, around 3% in Australia and New Zealand, 5% in China and depending on when the year is taken (calendar or fiscal) it will be 4.6-5.6% in the UK.*
I'm not a Brexit fan but that sounds more global than Brexit induced.

@JingleBellez

nearest aldi - 1hr drive nearest lidl 1.5 hr drive... nearest sainsbury... 1hr

So go there once a month and stock up so you only have to buy fresh basics in the Co-op, which are pretty much the same price as supermarkets anyway.

The savings will probably outweigh the fuel cost ten times over. While fuel has gone up recently, it's still cheaper than previous peaks, I remember paying £1.50 a litre for diesel from Morrisons a decade or two ago.

As for how people on lower incomes cope, obviously a lot don't but there are lots of things you can do before you have to do all your shopping in expensive local convenience shops. As well as the aforementioned monthly trip to a cheaper supermarket, do Morrisons etc deliver to you? Or buy less treaty stuff like Coke, 'teeny salmon rounds' which are almost certainly terrible value for money or the Kinder large eggs which have somehow come to the bulk of a £73 top up shop.

@ JingleBellez are those timings if your walking? because you definately have a load of aldis well within 30 mins from you, even the furthest points on a map of cumbria they are 1.1/2 hrs apart so once again im going to call you out on embellishing your posts! no way what you bought came to what you claim and no way is it 1 1/2 hrs drive to your nearest aldi

@TheCatsKilledTheGonks,

Euro area November CPI 4.9%
Uk November CPI 4.6%

Hard to see our inflation as Brexit based.

yes, i'm regularly texting my husband in horror that something i got last week is now 40p more. Its ridiculous, lots of people are now working to just survive, no treats, no breaks away its very sad

I really don't see this. The supermarkets are falling over themselves to undercut each other round here and any time I go to Aldi it still shocks me how much stuff you get for £40.
I don't buy booze or anything hugely expensive.

Yes, it is also happening in the US . Inflation and scarcity for some products. Petrol prices up too.

On a low income and I don't shop in the coop unless I can help it its bloody extortionate in there

Yep, can’t believe just how much our costs have gone up.

My weekly shop at aldi used to cost £50-60 the most, we pretty much buy the same things every week and now that same shopping costs us like £70

I picked up my Christmas order yesterday, cost me £155!
I also popped in store, I needed food bags, £2 for medium food bags. Decided I'd pop into Wilkos instead. Everyone is trying to recoup what they haven't earnt during covid and lack of HGV drivers is crippling supply chains. I'm told prices will fall post Christmas, so let's see. The UK is becoming a very expensive place to live....

I'm not in the UK and every year when I'm back I'm astounded at how cheap food is there and how many deals you have. There is literally not one single thing you can get here (Germany) for eg the 21p for a 400g tin of Sainsbury's own baked beans.

Sorry, that's not to say that it isn't going up in the UK too, just that imo the prices have been comparatively low for years and years.

Everything’s topsy-Turvy for sure. I’m getting local farm produce for the same price as supermarket mass-produced (used to be double).

Took my car in for an MOT last week and within 2 hours got an email from the dealership offering me nearly as much as I paid 4 years ago - wtf?

I’ve never paid more than £3k for a horse and now £12k seems normal.

At least wages haven’t gone up.

@Contactmap

*icelolly12

Are prices rising elsewhere at similar rate or just the UK?

It is running around 4-4.5% in EU countries, 6.2% in the USA, around 3% in Australia and New Zealand, 5% in China and depending on when the year is taken (calendar or fiscal) it will be 4.6-5.6% in the UK.*
I'm not a Brexit fan but that sounds more global than Brexit induced.

Without Brexit ours would be more in like with the EU figure, Brexit is currently more of an issue with supply, with full costs of Brexit inflation really kicking in next year.

@RunningInTheWind yep Gypsy Cobs go for £5K plus round here and we have gullible ex-city folk who are happy to buy and think it's cheaper than having riding lessons.

Travelled - I nearly had a fucking heart attack browsing the other day! £6k for a pretty average yearling!

I'm dreading April. NI hike, Council Tax rise and another fuel price increase too. Just as we come out of our fixed fuel tariff. I feel sick just thinking about it and we're a two income house and no mortgage.

I also find we are spending so much more not just because of prices but because dh is working from home. It makes a big difference. Also he seems to expect two proper meals a day involving meat or fish now he's home rather than having a smallish lunch like a sandwich or jacket potato.

@MatildaIThink,

Do you mean higher, then?

As of November, CPI in Eurozone was 0.3% higher than in uk.

[quote TheReluctantPhoenix]@MatildaIThink,

Do you mean higher, then?

As of November, CPI in Eurozone was 0.3% higher than in uk.[/quote]
The annualised CPI figure for the UK is likely to be 4.6-5.6% over the fiscal year, the figure for the Eurozone is estimated to be 4.0-4.5%.

@crossstitchingnana

I'm dreading April. NI hike, Council Tax rise and another fuel price increase too. Just as we come out of our fixed fuel tariff. I feel sick just thinking about it and we're a two income house and no mortgage.

My fixed fuel tariff ends in April as well, I'm dreading it. The NI won't affect me as we are pensioners but the council tax will. On top of that teenage GS has moved in with us due to trouble with step father so I think I might be bankrupt by next Christmas.