pull down to refresh

UK inflation exceeds 10% as bread and milk prices soarwww.cnn.com/2022/08/17/economy/uk-inflation-10/index.html
184 sats \ 9 comments \ @kr 17 Aug 2022 bitcoin
write
preview
related posts
224 sats \ 1 reply \ @satup 17 Aug 2022
US is taming the inflation but globally it’s just starting
reply
100 sats \ 0 replies \ @kr OP 17 Aug 2022
i wonder if this is the beginning of a divergence between the US and other countries, or just a lag in reporting for the UK.
as an anecdote, canada’s inflation dipped in july just like inflation in the US… will be interesting to watch the next few months unfold.
reply
101 sats \ 0 replies \ @sb 17 Aug 2022
Once India crosses the 10% CPI threshold (likely soon), over 3 billion people will be living in double digit inflation across the world. And those are the "official" numbers. The Fiat affinity scam is absolutely devastating to the poor and middle class.
reply
100 sats \ 0 replies \ @ken 17 Aug 2022
Bread and milk prices soar The people will let out a roar When it comes to money, we don't need more, Fixed supply is better, especially for the poor
reply
5 sats \ 0 replies \ @faithandcredit 17 Aug 2022
Will any brit ask any questions? Nope, of course not. We blame Russia
reply
11 sats \ 1 reply \ @zuspotirko 17 Aug 2022
Germans might be ducked. But island monkeys shot in their own feet even harder.
reply
0 sats \ 0 replies \ @DemandUtopia 17 Aug 2022
Did UK shutdown their power plants like Germany did? It appears both Germany and UK remain energy exporters right now:
France exported 16.4 terawatt-hours of power in the first half of the year, almost half the 30.9 terawatt-hours it exported during the same period last year, according to EnAppSys data. France’s nuclear reactors were operating at 50% of capacity on Wednesday, same level as Tuesday, according to Bloomberg calculations using data from grid operator RTE.
Both Germany and the UK increased net exports of power during the same period, mostly responding to the demand from France. Power prices in Germany and France have surged to records in recent days. The UK has identified a reduction in exports from France as a key driver of security of supply this winter.
reply
2 sats \ 0 replies \ @brianoflondon 17 Aug 2022
Let them eat cake.
reply
0 sats \ 0 replies \ @bitcoingraffiti 17 Aug 2022
Milk! In the Netherlands I've noticed my supermarket has problems stocking their dairy products. I've never seen this before. Maybe it's still due to some farmer blockades. Otherwise issues too here. Higher prices if shortages remain.
reply