Prices

[Brian Gaff (Sofa]

Talking of price rises, the cost of fencing and wood generally seems to have gone up a lot recently.

Brian

[Andrew]

That was last years news Brian. A lot of timber comes from Russia where export restrictions were already in force after Putins 2014 invasion of the Crimea, plus some really massive wildfires in the last couple of years in Siberia.

Andrew

[R D S]

I paid 14 quid for a new handle for a paving maul last week, apparently a couple of weeks earlier they were 8 quid. Everything is going through the roof. I might have to start looking after stuff :)

[Brian Gaff (Sofa]

Well its worse again now. You know I get the feeling that almost anything happening in the world will be used to increase margins by many of the larger companies who wholesale to the shops etc. Greedy gannet syndrome? Brian

[JNugent]

Correct.

What I see at Tesco is a plethora of price labels announcing that the goods are being sold at the same (low) price as at Aldi. This is something relatively new in the world of UK retail.

[alan_m]

The problem I'm seeing in the local discounters is that they no longer have stock of the cheaper items or their "own brand" items.

This month, and in many stores, what seems to be in short supply is detergents - everything from no-name shampoos. no-name washing up liquids, no-name clothes washing powders and gels etc. All these usually sell at a half to a third of the price of some of the well advertised branded products.

[alan_m]

I was referring to lidl/aldi/home Bargains/B&M which are the main discount stores around my way

[alan_m]

Most of it is more than satisfactory, especially non food items which is the stuff that seems to be in short supply on their shelves. I do get the impression that Lidl/Aldi and more busy recently.

[ARW]

Everything has gone up - we cannot hold a quote for more than 4 weeks

[The Natural Philosopher]

I think this is the new normal. We are going to see a step increase in prices of around 40% and a corresponding reduction in living standards. That will impact the marginal industries that depend on discretionary consumer spending. In short stagflation - higher unemployment, prices and interest rates and a reduction in living standards.

[Tim Lamb]

You are going to struggle claiming that is not linked in some way to Brexit:-)

[JNugent]

Even though the reported rate of inflation is actually higher [in some cases, a lot higher] in most EU countries than in the UK?

See:

[williamwright]

I was trading when inflation was twenty-something percent. It was an absolute nightmare.

Bill

[lacksey]

Don't believe that, that step claim never happens

Ditto.

No chance. That wasn't seen in 2008/9

In fact we are actually seeing record low unemployment.

That wasn't seen in 2008/9