Wednesday, August 13, 2008

Inflation hits London

I dread calling back home every weekend. Don't get me wrong, I look forward to chatting with my folks back home. It's just that I hate to telling them how dire the situation over here in London is.

After reading about how Consumer Price Index (CPI) just jumped to 4.4% over the past six months, it just confirmed my lingering suspicion that our weekly groceries shopping cost has slowly crept up. Toilet rolls that used to cost £1.03 now cost £1.29 - a shopping 25% increase! And we're talking about an essential here. I can go without vegetables, fruits or even fuel for my gas heater but toilet paper is the thin line that separates us from cavemen.

Frankly, I think they should add another line to that chart… Toiletries +25%. I'm so looking forward to my next call back home.

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20 comments:

WebbieStuffs said...

Actually oil prices are dependent on how the world powers decide how much they would be.. that is why they want to control the oil wells... in pretense of terrorism accusations.

Wanderer... said...

This is a very informative post. Oil prices is indeed getting too high and uncontrollable.

Eaststopper said...

Err... how about just using a water hose instead of toilet paper??
Yeap, my grocery bills have seen a spike since last year. But I think much of the inflation is also due to the weak GBP. The toilet paper from China now costs more ... very soon the water from Thames Water will also increase. *sob*

SheR. said...

Hee hee.. wait till you notice the jump in your electricity bills, bread prices, meat, and everything else..
We got to go starving soon.

C K said...

@webbiestuffs,
Are you referring to OPEC? On one hand, they wouldn't want to dry up their wells too fast and on the hand, they wouldn't want to reduce the world's dependence on their oil.

C K said...

@wanderer...
Eh... I didn't realise that my concerns about toilet rolls can be informative.. :p

C K said...

@eaststopper,
lol, I didn't realise that our toilet rolls are made in China. Will take note the next time I use it. *.*

If I'm not wrong, GBP has stabilised a bit against the Sing dollar. Am still holding my breath for the increase in water costs... sigh.

C K said...

@sher,
You must miss your garden in your previous place very much. You could have been planting your veg...

LadyBanana said...

It might be good for me to eat less, loose a few pounds! lol

Seriously these price hikes on everything are very worrying, if only my wages went up to match!

C K said...

@ladybanana,
Look at it this way, previous tests on lab rats showed that eating less will prolong lives.... so it might not be a bad thing after all.

My Bug Life said...

Everything's going up except our paycheques! I agree..toilet roll's what separates us from the caveman...hahhha.

cc said...

Food here, particularly dairy has gone up forty over percent in the past year, and that's local produce! Crazy!

Hello, first time visiting here. :)

Renee said...

The price of food is scary. I have a family of four and I cannot get over how much it costs to keep food and vegetables in this house. The kids go through fruit at such an incredible pace that it is costing me a fortune. I often wonder how poorer families are getting by.

eastcoastlife said...

It's not any better at home in Singapore! prices of every thing went up and up and never will come down!

Toilet paper, no choice lah. Expensive also have to buy. If use newspaper to wipe, later buay tak chek (illiterate)! kakaka.... not to mention how black it will turn!

Leet said...

Oil price increase cause of some speculator. I think this price will cause unbalance economic for some countries, maybe a lot of countries.
Btw, I wanna introduce my site about painting. If you don't mind, please give your comment about it.

Leet Gallery
http://leet-gallery.blogspot.com

SheR. said...

No problem CK. There's always something called the balcony! I've been such a city girl that I don't know how to start growing plants in a garden. They all died! I have better luck growing everything in a flat! Strange enough...

Dutchie said...

ck, dont forego fruits n veg lah ! They r essential to ur health. Just keep a lookout for bargains lor ! I'm doing just that.

Funny u should mentioned Sg - have u noticed that foodcourts/malls r jammed on weekends ? Spend now n worry later, I supposed. I can see the older generation shaking their heads at the way the youngsters spent their dosh :(

C K said...

@cc,
Not sure about other dairy products but my pint of milk has increase from 36p to 40p. Ouch!


@renee,
I think there are always cheaper alternative foods, which are invariantly less healthy as well.

As food costs constitutes a larger proportion of living costs for the less well off, it's gonna hit them harder.


@ecl,
Well, I have to agree that costs will never fall back home. Particularly the cost to employ a 'certain group of people'... :)


@leet,
Oh, I've seen you promoting your site on some sites that I've visited and I must say that your paintings are rather pleasing to the eye. Keep drawing!

I don't think any of us would have thought that oil would go beyond $100... it not only went beyond that, it nearly breached $150 sometime back then.


@sher.
Must be the soil, don't be too hard on yourself. I'm thinking of growing some chilli in my flat...


@dutchie,
That's the irony isn't it? The economy would just tank if people don't spend. In a way, these 'youngsters' are merely stroking the economy.

Dutchie said...

ck, for a moment there u sounded just like my brother who is an economist - he is always telling us to spend - "money must roll my dears or the economical wheel will grind to a halt - go on, spend, spend, spend !" It makes me laugh when I thought of that :)

C K said...

@dutchie,
Really? Ok, I do take that as a compliment really. :p