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AtW
1st March 2011, 12:48
http://i.telegraph.co.uk/multimedia/archive/01837/food-cpi-inflation_1837183b.jpg

The report says UK food prices are rising more rapidly than most other OECD economies’ food prices, and have significantly outstripped food retailers’ cost inflation.

This is in turn suggests the UK is most likely to see political agitation over food prices, and could allow UK politicians to suggest that food price inflation is “unfair” or “excessive”.

Source: Food inflation: UK has highest rate in Europe - Telegraph (http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/8352810/Food-inflation-UK-has-highest-rate-in-Europe.html)

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Suprised to see Germany's inflation is that high up - why would it be much higher than say France?!?!

suityou01
1st March 2011, 12:51
I thought your doll had a puncture until I opened the thread. :laugh

shaunbhoy
1st March 2011, 12:52
Suprised to see Germany's inflation is that high up - why would it be much higher than say France?!?!

Sausage Taxes?

Pondlife
1st March 2011, 12:55
Suprised to see Germany's inflation is that high up - why would it be much higher than say France?!?!

If you'd tried the domestic stuff you'd know why people prefer imported.

Pondlife in "I don't care what you're calling it, it looks and smells like hotdog sausage to me and FFS at least cut it up before putting it in soup" mode.

TimberWolf
1st March 2011, 12:57
Is that a percentage change of inflation, itself a percentage? What's wrong with just a plain inflation rate, which is presumably much higher than 4.9% for food in the UK.

AtW
1st March 2011, 12:58
Is that a percentage change of inflation, itself a percentage? What's wrong with just a plain inflation rate, which is presumably much higher than 4.9% for food in the UK.

It's higher if you consider that essential products (milk, bread etc) are often loss leaders and supermarkets rip you off on other stuff.

amcdonald
1st March 2011, 12:59
Is that a percentage change of inflation, itself a percentage? What's wrong with just a plain inflation rate, which is presumably much higher than 4.9% for food in the UK.

Because anything relevant thats prone to inflation has been taken out of the inflation rate, so it can be manipulated more easily