As it turned out, the increase was calculated to be just over 8%, which made a significant bump in the Pension payments to people such as myself.
And lo and behold, as from the 1st of April, the 8% extra small but significant slice came automatically into my bank account. For which I am duly grateful.
But here’s the ‘Suspect’ bit. I shop at only one supermarket, and my purchases, these months and weeks, tend to be much the same in most minor things, with the occasional bump when, say, an appliance needs replacement. I also, possibly because I had to check on the spending on major contracts when still working, keep a very simple spreadsheet of my monthly spending.
And lo and behold, as from the 1st of April, the 8% extra small but significant slice came automatically into my bank account. For which I am duly grateful.
But here’s the ‘Suspect’ bit. I shop at only one supermarket, and my purchases, these months and weeks, tend to be much the same in most minor things, with the occasional bump when, say, an appliance needs replacement. I also, possibly because I had to check on the spending on major contracts when still working, keep a very simple spreadsheet of my monthly spending.
Now we all, or most of us, are aware of the need to allow or account for inflation, especially for those of us on limited incomes; as we are constantly reminded by this so-called Government, that they are ‘winning’ the battle against inflation. But checking, as I can do on my basic spending, I came across something which I do feel can be labelled “Suspect”.
Since the last week in February, my weekly outgoing spending on basic necessities, has slowly but remorselessly increased to level off at 7.95% above that February total.
Funny? Nope. Funny Peculiar? Definitely.
Since the last week in February, my weekly outgoing spending on basic necessities, has slowly but remorselessly increased to level off at 7.95% above that February total.
Funny? Nope. Funny Peculiar? Definitely.
I've also noticed the serious bump in prices across the board since Christmas. My disposable income has been diminishing over the past two years, but the most significant bump has been in the last three months. I now no longer have any wages left at the end of the month where I had at least some spare up until Christmas. It's worrying because disposable income is the grease that oils the wheels of the economy, especially one that has replaced manufacturing with retail. Without disposable income, we cannot afford those nights out at restaurants, new clothes, holidays, etc. Those of us that can do will have to make do and mend, extending the lifespan of things. I can't even afford cheap Chinese tat, that's how bad things are. Oh, and now my car insurance has doubled to nearly two grand. Lovely.
ReplyDeleteI spread my favours widely when it comes to shopping so I will never notice.
ReplyDelete