Inflation falls but we are still being short-changed
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- Опубліковано 21 вер 2024
- The rate of inflation has fallen to its lowest level since July 2021 but overall we are paying 20% more than we were before the cost of living crisis.
Sky's Ed Conway has been looking at the numbers to get an overall picture of price rises and inflation before and during the cost of living crisis.
READ MORE: news.sky.com/s...
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Anyone got any theories as to why Sunak and his wife invested £500 million in moderna..... In 2019 before COVID was branded despite them never bringing a successful product to market?
Eletes funded covid to be made so they could roll out a global vaccine €€££$$
Wow. Our CPI looks like the NASDAQ 😂😂
Globally, CPI looks like the Nasdaq bar few countries like Japan.
where can i invest in it? 🤣
Look at the profits made by Tesco and Sainsbury's - pure greed!
Nearly as greedy as train drivers.
No longer visited by me after what they did during the pandemic. No return for them.
There's a reason why Aldi and Lidl top the polls year in - year out as cheaper, less choice,but less cost too, and they are all just the same calories , IE body fuel.....
Excellent report. It is the 20% increase in prices over the previous 3 years which really matters, and why so many of us are so damn angry
20% is what's on the tin, the average, for many services and goods it is way more. 4x bounty chocolate bar used to cost £1.25, now it is 1.75, 40% raise. That's more close to what really happened to the prices of stuff that matter ... and that actually stopped to matter completely to many of us after those rises.
Indeed, 20% in price growth but everyone wages only around 8%. Worse off than ever!!!😡
The Fed needs to raise rates further to kill the inflation.
Uk still hasnt figured out it has no resources. We need to bring back manufacturing if we want sustainable growth
Everything larger has been bought out by the US hedge funds for magic tree dollars in this country. Thy do not care about anything that goes on in this country. For them people are for milking and nothing more. The Tory government helped for it to happen. Now, without any manufacturing the country is prayed on at every opportunity. The bigger crisis on TV the better for those who provide goods. The best this country can do is detach from the US and pursue its own economic agenda. The US and its diluting their currency is the whole reason why the rest of the world, including the UK, has suffered for so long ... This mus end, and soon.
Impossible, British workers would want higher wages, which means consumer costs will increase.
government printed money, that is been paid back hence why jeremy hunt keeps smiling on camera as the bill falls. However, prices will even after inflation has fallen continue to rise every year due to RPI, corporate greed and the fact Real terms inflation continues to go on i.e. currency devaluation and the trend of general decline as skynews actually pointed out that 20% inflation in price rises.
hes always smiling on camera.
Lol I never thought I'd see a news channel explain cumulative inflation to the public. It is safe to say some have profited quite well from these years of inflation.
Its great its slowed down an stuff but in last 3 years iv only had a 3% rise, countered by a 2.5hour a week cut in contracted hours due to production issues (brexit) and my mortgage went up 300 quid last year
the beauty of this chart is that it clearly shows hoe inflation started rising after 2016 referendum and pound crash.
he should ad germany and france on it so that people would understand why UK is doing so badly
Can I believe this the first place ?
Then why are we all still broke ? Haven’t been able to save anything in the last year
Work harder/get another source of income.
@@mrmeldrew693 that’s such a boomer statement
@jessicarobinson4563 I'm 36. I work a professional 9-5 and a night security job on Friday/Saturday.
I started doing that for the precise reason that I wasn't saving much. I stick away at least £500 a month now.
This inflation was mainly caused by quantitative easing actioned to pay for furlough and the other costs incurred during the awful management of the Covid situation.
I believe that inflation is simply due to the United States having printed too much money previously
@@kkxxgff this is in reference to the UK’s economy, not the USA’s🤨
I agree , its because of QE. My parents own a small consultancy company and we applied for the furlough scheme, It was great we didnt have spent a single penny paying our employees. The money that we saved as a company helped my sister bought her a small 5 bedrooms villa in turkey. It comes with simming pool, jacuzzi and all that jazz. Its great! We are thankful on the Great Britain Government helping us out. This is why this country is GREAT.
@@sPluss- naive
@@sPluss- I used to think that Hoover's "Seven Wounds Boxing" destroyed the British economy, but I didn't expect that even the British brain was destroyed.
AKA price gouging by your mate Rupert Murdoch and his confederates.
2:08 #Bitcoin
We want gold
Miloshevitch ( myself ) calls on the BoE and Andrew Bailley to be responssiblle and pourchase Euro bonds instead of UK gilts in am effort to save the world s finantial system s stability . 👏👏👏
CRAP