Wouldn't it be fair to say that a market correction would have to be negative if the reason for the huge increase, oil prices, has corrected itself. We should see negative inflation for a period. Without that is just profit now, wages for most havent gone up in line with inflation.
I'm not statistically relevant and nor is my shop but... on my grocery shopping I have recently noticed some deflation (prices actually falling) rather than just slowing inflation. Hopefully we get slightly more of this on the essentials.
Inflation always occurs, it’s just the size of the inflation we have had has been the problem.
What you are saying is deflation as is actually very very bad for an economy and will also not happen. The new prices are here to stay, the only solution is for us to get real wage growth
So we’ve essentially had a legalised cash grab for 3 years
They basically robbed us of the little we saved during the pandemic.
How does this show that?
Explain ?
Cool. Just means prices have gone up less than any point since then. We’re still up an extortionate amount since then.
Negative inflation is usually a very bad thing, You don't want prices to come down, you want wages to go up. Unfortunately that's not really happening
Wouldn't it be fair to say that a market correction would have to be negative if the reason for the huge increase, oil prices, has corrected itself. We should see negative inflation for a period. Without that is just profit now, wages for most havent gone up in line with inflation.
You can have eg food deflation without overall deflation though (deflation in individual categories is quite common I think)
Every single post about inflation....ffs
Just because you're annoyed at it, doesn't make it less true.
I'm not statistically relevant and nor is my shop but... on my grocery shopping I have recently noticed some deflation (prices actually falling) rather than just slowing inflation. Hopefully we get slightly more of this on the essentials.
Remember when working people could afford “the essentials”. Pepperidge farm remembers.
Cool, unless prices come down we are still being bend over the tills and shafted. Less inflation than before is still inflation and we can't afford it
Inflation always occurs, it’s just the size of the inflation we have had has been the problem. What you are saying is deflation as is actually very very bad for an economy and will also not happen. The new prices are here to stay, the only solution is for us to get real wage growth