Tedx wrote:Up a tad to 4% (unexpectedly).
CPI up from 3.9% to 4.0%
BUT RPI down a tad from 5.3% to 5.2%.
So as the statistician said, with his head in the oven and feet in the freezer, "Overall, no change!"
Steve
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Tedx wrote:Up a tad to 4% (unexpectedly).
Tedx wrote:With the rise in inflation be spurred by Tobacco and Alcohol, it has been suggested that it may have been a bit of seasonal profiteering by the retailers.
Oggy wrote:Just wait until Labour win the GE. Inflation will rocket, then the FTSE will really dive...
Oggy wrote:
Just wait until Labour win the GE. Inflation will rocket, then the FTSE will really dive...
Why?
Best wishes, Stev
88V8 wrote:Tedx wrote:With the rise in inflation be spurred by Tobacco and Alcohol, it has been suggested that it may have been a bit of seasonal profiteering by the retailers.
They have to make their money on something.
Actually, I heard that as monabri says, it was the govt's fault for putting up baccy taxes.
Did they not know that would increase inflation?
V8
vand wrote:Not the direction everyone was hoping/expecting... FTSE tanks accordingly!
Looking in Tesco today the cost of beer is noticeably higher than it was during the Xmas offers - not sure they can be blamed (and it wasn't my fault either)
Oggy wrote:I am convinced there is an awful lot of profiteering going on in supermarkets
Will you invest on the basis of your view? Sainsbury's and Tesco's must be a real bargain.
Personally speaking, I have not been impressed with the return on my investment in both companies.
Oggy wrote:Will you invest on the basis of your view? Sainsbury's and Tesco's must be a real bargain.
Personally speaking, I have not been impressed with the return on my investment in both companies.
No. I don't go in for single shares. High prices do not necessarily indicate high net profit/dividend either.
Hardly consistent with your idea they are profiteering, is it? Of course, they may be taking the opportunity to over charge now - let's suppose - but that is only to make up for the previous lean period. Seems fair, unless you like the idea that when someone's down you kick them again so they can't getup.
Another way of looking at it is that every dog has its day.
On your general point, I haven't been impressed with my return on either company even though they are very well and tightly run organisations. My conclusion is different from yours: it shows that they are not profiteering.
Oggy wrote:Hardly consistent with your idea they are profiteering, is it? Of course, they may be taking the opportunity to over charge now - let's suppose - but that is only to make up for the previous lean period. Seems fair, unless you like the idea that when someone's down you kick them again so they can't getup.
Another way of looking at it is that every dog has its day.
On your general point, I haven't been impressed with my return on either company even though they are very well and tightly run organisations. My conclusion is different from yours: it shows that they are not profiteering.
Perfectly consistent. They may be making a large gross profit. Not my point ref investing in them either.
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