• Hey, guest user. Hope you're enjoying NeoGAF! Have you considered registering for an account? Come join us and add your take to the daily discourse.

Have you noticed a notable increase in expenditure over the recent months thanks to inflation?

OZ9000

Banned
My grocery bill, electric and gas have gone up considerably.

Inflation is at a record high here in the UK and costs of what used to be cheap items has skyrocketed

_127326302_onsbudgetitems.png.webp


I think I'm paying 30-40% more versus last year. My salary has gone up by 30%, although this has been achieved by doing additional work.

The worst part? The recession is expected to get worse in 2023.
 

AV

We ain't outta here in ten minutes, we won't need no rocket to fly through space
Utility bills have gone up but we've learned to behave ourselves a bit better - mostly my mrs. actually putting a pair of bloody socks on for once.

Grocery I haven't noticed, we're trying Amazon Fresh and because it's the evil corporate overlords a lot of their stuff is very reasonably priced.

We're still spending too much money on alcohol and nice food every month so we really have no grounds to complain.
 

Cyberpunkd

Member
1. Electric bill - replaced the heaters and threw away all halogen lamps and replaced them with LEDs. Also got an intelligent water heater and switched to even daily rate instead of reduced night rate. Saving 400€ per quarter.
2. Gas prices - don't have a car.
3. Shopping - didn't notice much difference

Mind you inflation in France is 5-6%.
 

Mr Hyde

Member
Yeah, it's very noticeable. Gas prices are ridiculous right now. I'm riding my bike to work as often as I can. Electric bill is unchanged for the moment so it's very cheap, but my contract will be renegotiated next year so it might be super expensive with the new increase in prices. Same with rent. They are talking about a ten percent increase in rent and it's already pretty high. And don't get me started about the fucking food. I barely eat out anymore on restaurant or pizzas. All while my salary has stagnated. Next year is gonna be a shit sandwich of epic proportions. Fuck the world.
 

MidGenRefresh

*Refreshes biennially
My grocery bill, electric and gas have gone up considerably.

Inflation is at a record high here in the UK and costs of what used to be cheap items has skyrocketed

_127326302_onsbudgetitems.png.webp


I think I'm paying 30-40% more versus last year. My salary has gone up by 30%, although this has been achieved by doing additional work.

The worst part? The recession is expected to get worse in 2023.

"Chips" and "Pizza" listed among essentials like bread or rice. Yeah, this is UK. :messenger_grinning_sweat:

Georgia-Davis-009.jpg
 
Last edited:

Cyberpunkd

Member
recession would bring prices down.
Which is a huge problem facing any government - maintain fiscal stimulus policies to keep unemployment low but inflation high, or fight inflation at a cost of higher unemployment.

Public will demand to keep unemployment low, and demanding higher pay constantly to compensate is impossible to maintain in the long run.
The sooner we reset the smaller the fall.
 

Con_Z_ǝdʇ

Live from NeoGAF, it's Friday Night!
I have noticed it but it hasn't really affected me as of now. Not considerably.

The house has been paid off. All my warm water needs are covered by a wood gasifier. All the wood i need i buy for a reasonable price or cut on my own. In addition i have a air source heat pump, tube collectors for water and just installed a good amount of photovoltaic panels in the beginning of the year. My price for electricity is still set for the rest of this year and into the next one.

We do car-pools to get to work. No kids as of now.

Groceries would be the biggest factor but me and the girl work hard, earn good and always keep the cost in check.
 

6502

Member
Yes. Only got 4% rise at work whilst company cleared billions net profit gave half to shareholders and gave 30% plus to the bosses then cried poverty to the staff.

Energy has nearly tripled in price and most other bills are up 20%. Union is on strike ... definetly costing the company more than an inflation matching payrise by now, but the new breed of asset striping bastards we have in charge are ideologically opposed to giving us one.

UK is a steaming pile of shit to live in atm.
 

Dr.D00p

Member
definetly costing the company more than an inflation matching payrise

Does common sense not tell you how fucking stupid this would be?

..because this time next year, you'll be wondering why your 10% pay rise in 2022 can't keep up with 15% inflation in 2023.

Basic economics 101 needs to be taught in schools.
 

LordCBH

Member
Electric bill for me isn’t too far out of line with where it has been the past few years. But gas has become a nightmare. Went from $20 to fill up to almost $45. Food prices have gotten absurd too. Funny though. Pay hasn’t gone up one fucking bit.
 

Neely

Neo Member
My grocery bill, electric and gas have gone up considerably.

Inflation is at a record high here in the UK and costs of what used to be cheap items has skyrocketed

_127326302_onsbudgetitems.png.webp


I think I'm paying 30-40% more versus last year. My salary has gone up by 30%, although this has been achieved by doing additional work.

The worst part? The recession is expected to get worse in 2023.
RIP my ammo purchases I guess :D
Gonna try to get some bucks this deer season(already saw a few with my hunting binocular and trail cams, fingers crossed)
Noticed big time, paying for groceries like 30% extra compared to last year. I don't even wanna count how much more I'm paying for gas...
 
My groceries have certainly gotten more expensive. Some products have had an increase of ~50%. I've switched to some store brand products to compensate.

I'm still able to put some money on my savings account every month though, so it's not too bad for me. I'm somewhat worried for the future though.
 

Cyberpunkd

Member
Union is on strike ... definetly costing the company more than an inflation matching payrise by now, but the new breed of asset striping bastards we have in charge are ideologically opposed to giving us one.
You understand rise of salaries is one of the factors contributing to inflation?

Unemployment falls -> companies need to make a better salary proposal to attract talent -> people increase their salary expectations -> companies raise prices to match salary expectation pushing cost increases to consumers -> inflation goes up -> people increase their salary expectations to match inflation -> companies raise prices......
 

Fbh

Member
For sure.
Electricity has thankfully remained pretty stable but gas prices are ridiculous and groceries have gone up so much I've started to make changed to my diet and buying habits. Some stuff I used to buy has gone up by as much as 50-60% compared to last year, and I'm not talking about fancy gourmet items
 

6502

Member
You understand rise of salaries is one of the factors contributing to inflation?

Unemployment falls -> companies need to make a better salary proposal to attract talent -> people increase their salary expectations -> companies raise prices to match salary expectation pushing cost increases to consumers -> inflation goes up -> people increase their salary expectations to match inflation -> companies raise prices......
My firm cut its wage bill by 6% yet put prices up 20% .. profiteering is having a far bigger effect raising inflation than me being able to pay my electricty.

Inflation also is up because our governments are printing money to bailout banks and stocks etc. UK is also in the shit because of our politics. We also have supply shocks from covid and ukraine.

This inflation is not wage led and wont be fixed by starving people in the real economy.
 

Kraz

Banned
Food inflation appears to be a result of grocery stores raising prices to increase their profit to record levels here in Canada, not a result of the products becoming more expensive for them to acquire. There's an investigation going on.
 

nocsi

Member
Food inflation appears to be a result of grocery stores raising prices to increase their profit to record levels here in Canada, not a result of the products becoming more expensive for them to acquire. There's an investigation going on.
lol you believe it to be a conspiracy? There’s more in store for you then. The US’ harvest this year is bottlenecked in the Mississippi and most likely will rot. But yes, grocery stores are gouging when they can’t even get produce worldwide
 

Kraz

Banned
lol you believe it to be a conspiracy? There’s more in store for you then. The US’ harvest this year is bottlenecked in the Mississippi and most likely will rot. But yes, grocery stores are gouging when they can’t even get produce worldwide
That's why it was mentioned there is an investigation to determine where there is gouging and where there isn't. If raising prices was only to compensate for their costs then their profit wouldn't increase substantially, which it has and is what contributed to triggering the investigation.
 

GeekyDad

Member
lol you believe it to be a conspiracy? There’s more in store for you then. The US’ harvest this year is bottlenecked in the Mississippi and most likely will rot. But yes, grocery stores are gouging when they can’t even get produce worldwide

That's why it was mentioned there is an investigation to determine where there is gouging and where there isn't. If raising prices was only to compensate for their costs then their profit wouldn't increase substantially, which it has and is what contributed to triggering the investigation.
Speaking merely as someone on the bottom tier, our stores have been having issues for the past two years in terms of getting certain products. It's a weird selection of products, too. Things that might have certain ingredients and what have you that may factor into why the manufacturers can't get them to the stores. I'm not really sure. I notice in other competitors' stores as well when I'm shopping.

Trucks are also having a hell of a time getting to stores, and drivers are hard to come by. They don't have enough staff, let alone experienced staff, and that goes for store employees as well. They've increased the wages significantly for hourly employees, but the union has capitulated in return for what the stores have to provide for benefits. It seems to be a handshake deal between unions and companies to get/keep employees by making things look more appealing, whilst over just a four-year period, employees end up paying out more over that long haul.

Eh...
 

6502

Member
Does common sense not tell you how fucking stupid this would be?

..because this time next year, you'll be wondering why your 10% pay rise in 2022 can't keep up with 15% inflation in 2023.

Basic economics 101 needs to be taught in schools.
You are right. Let's work twice as hard for half as much next year!

If you aren't getting something (inflation pay rises) threatening to continue not getting it if you complain is not a serious argument. Plenty of cash being earned to increase dividends and buy new sports cars.... this isnt a fight for survival for this firm.

Anyway, yes to answer OP things are shit and it is getting more expensive to live. No I dont want to argue gcse / trickle down economics with kids lacking responsibilities or life experience.
 

Trunx81

Member
Did you know? Oil companies raised the prices for Diesel as a reaction to the ban of Russian oil to compensate their losses. But: This ban isn’t due till 2023. So they just make millions extra right now, blaming it on Putin and the war.

Source (German):
 

Patrick S.

Banned
I got a 9% raise at work last year, and it is like I received no raise.


Legos even raised their prices across all sets. :|
I got a 22% rise, plus I finally paid off a loan that had a monthly payment of €115, so I guess I can consider myself quite lucky because I'm in a net positive situation. And I don't use gas, which is a huge factor, of course.
 
Top Bottom