The Premier Forum for the Over Fifties!
Forum
People
Personal
Help
 
 

Why deflation is bad news for pensioners

 
Post new topic   Reply to topic    silversurfers.myfreeforum.org Forum Index -> Pension Issues (Members Only)
View previous topic :: View next topic  
Author Message
Please Register and Login to this forum to stop seeing this advertsing.
Posted:     Post subject:
Back to top
Sandie Seward
Site Admin


Joined: 21 Nov 2005
Posts: 4424


Location: South Essex
PostPosted: Wed May 06, 2009 10:29 am    Post subject: Why deflation is bad news for pensioners Reply with quote
Last month, the Retail Prices Index (RPI) fell to  minus 0.4%. This means that deflation (falling prices) has officially hit. In other words, the price of goods is lower now than it was 12 months ago. This is pretty big news since the last time the RPI struck negative territory was in March 1960

http://www.lovemoney.com/news/sav...nsioners-3413.aspx?source=1000020
_________________
http://sewardchronicles.ning.com/
Back to top
View user's profile Send private message Send e-mail Visit poster's website
JoJo
Pensioner


Joined: 19 Feb 2007
Posts: 1187


Location: By the sea side Lincs
PostPosted: Wed May 06, 2009 5:22 pm    Post subject: Reply with quote
Can't say I have noticed any price cuts in food sandie Sad
_________________
Back to top
View user's profile Send private message
Sandie Seward
Site Admin


Joined: 21 Nov 2005
Posts: 4424


Location: South Essex
PostPosted: Wed May 06, 2009 7:58 pm    Post subject: Reply with quote
Neither have I. Joan. Things  (essentials) are still keeping their higher prices, and the price of basic foodstuffs has not gone down at all. Sad


_________________
http://sewardchronicles.ning.com/
Back to top
View user's profile Send private message Send e-mail Visit poster's website
Display posts from previous:   
Post new topic   Reply to topic    silversurfers.myfreeforum.org Forum Index -> Pension Issues (Members Only) All times are GMT
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum

 

 

Card File  Gallery  Forum Archive
Powered by phpBB © 2001, 2002 phpBB Group
plastikaaBlue theme created by Plastikaa © 2005

Create your own free forum | Buy a domain to use with your forum