Deflation

[AtW]

Christmas dinner costs rise, so pass the port and skip cream crackers

The Office for National Statistics has revealed the average cost of the items needed for a Christmas dinner, with the price of some ingredients up as much as 50pc according to the CPI/RPI basket of goods. We highlight a few of the ingredients that have fallen and risen.

Source: Christmas dinner costs rise, so pass the port and skip cream crackers - Telegraph

 

[TimberWolf]

A packet of 5 Snickers are approaching £2 in Sainsbury's now, whereas a few months ago they were £1, admittedly on offer.

 

[PAH]

A packet of 5 Snickers are approaching £2 in Sainsbury's now, whereas a few months ago they were £1, admittedly on offer.

I've started getting Lidl's Mister Choco Peanut Choco instead of Snickers and they're pretty good, especially when a pack of 8 only costs 79p IIRC.

 

[DodgyAgent]

Christmas dinner costs rise, so pass the port and skip cream crackers

The Office for National Statistics has revealed the average cost of the items needed for a Christmas dinner, with the price of some ingredients up as much as 50pc according to the CPI/RPI basket of goods. We highlight a few of the ingredients that have fallen and risen.

Source: Christmas dinner costs rise, so pass the port and skip cream crackers - Telegraph

There is no inflation unless wages also rise

 

[TimberWolf]

I've started getting Lidl's Mister Choco Peanut Choco instead of Snickers and they're pretty good, especially when a pack of 8 only costs 79p IIRC.

I going to go there more often. I'll look out for Mister Choco Peanut Choco, 10p/bar does sound cheap.

 

[AtW]

There is no inflation unless wages also rise

Inflation is when prices on stuff you buy go up faster than your own wage.

HTH

 

[PRC1964]

Inflation is when you get "Sexy Sadie" out from the airing cupboard and get ready for a night of action.

HTH

 

[Freamon]

Inflation is when prices on stuff you buy go up faster than your own wage.

HTH

Tosh.

Inflation is an expansion in the supply of money and credit.

Nothing to do with prices or wages.

 

[mudskipper]

Apparently carrots are cheaper. Carrot soup, carrot roulade and carrot cake for the poor this year.

 

[AtW]

Inflation is an expansion in the supply of money and credit. Nothing to do with prices or wages.

It depends on the context of what exactly is being inflated. In context of retail prices inflation means increase in said prices.

Normally majority of people would associate inflation with prices, if you are interested in the the expansion of the early universe, see Inflation (cosmology)..