Photo Critique Forum

Please post no more than five images a day and respond to as many images as you post. Critics, please be constructive, specific, and nice! Moderated by gahspidy and mtbbrian.
Featured Photo
Photo by hminx

Photo by hminx
Featured Photo Archive >>
By posting on the Photo Critique forum you agree to post only your own photos, be respectful, and give back as much as you receive. This is a moderated forum and anything abusive or off-topic will be removed.
Results 1 to 2 of 2
  1. #1
    Junior Member
    Join Date
    Oct 2020
    Posts
    6

    Clothes and food price rises push inflation higher

    Clothes and food price rises push inflation higher-_115543738_clothesshop.jpg
    Rises in the cost of clothing and food helped to push UK inflation higher-than-expected last month.


    The UK's inflation rate, which tracks the prices of goods and services, jumped to 0.7% in October from 0.5% in September, official figures show.


    Second-hand cars and computer games also saw price rises, but these were partially offset by falls in the cost of energy and holidays.


    Analysts had expected the rate to remain flat at 0.5%.


    "The rate of inflation increased slightly as clothing prices grew, returning to their normal seasonal pattern after the disruption this year," said Office for National Statistics deputy statistician Jonathan Athow.


    Normally prices for clothes and shoes fall each year between June and July in summer sales before autumn ranges come in, and then rise before sales towards the end of the year, the ONS said.


    However, the coronavirus crisis has changed how prices move.


    Throughout 2020 this pattern has been different, with increased discounting in March and April, probably as a response to lockdown, it said. After a small increase in July and August, prices rose by more than a year ago.
    Inflation is the rate at which the prices for goods and services increase.


    It affects everything from mortgages to the cost of our shopping and the price of train tickets.


    It's one of the key measures of financial well-being, because it affects what consumers can buy for their money. If there is inflation, money doesn't go as far. pg slot true wallet


    Read more here.


    line
    Food prices rose between September and October, with most of the increase coming in fruit and vegetables, the ONS said.


    Analyst firm Capital Economics said food price inflation could continue to rise in November as supermarket demand continues to increase during the Covid-19 lockdown.


    During the first lockdown, there was a fall in the amount of supermarket promotions as shoppers bulk bought essentials.


    Some surveys of consumers had suggested renewed stockpiling as health restrictions spread through Scotland, Wales and Northern Ireland in October.


    A one-month lockdown was announced for England at the end of the month and started on 5 November.
    Second-hand car prices also rose in October as people tried to reduce their reliance on public transport.


    However, car prices may stabilise and fall back in the middle of 2021 should a vaccine become widely available, according to Samuel Tombs, chief UK economist for Pantheon Macroeconomics.

  2. #2
    Member
    Join Date
    Jan 2020
    Posts
    416

    Re: Clothes and food price rises push inflation higher

    Hey, my family and I often go camping. And so that bad weather did not catch us at the wrong time, we bought waterproof raincoats that also have a fleece lining http://frostfire.co.uk/ . They are really warm and you don't have to worry about getting caught in the rain.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •