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 Post subject: Re: Inflation watch
PostPosted: Thu Jun 09, 2016 1:24 pm 
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Too Big to Fail
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Joined: Aug 20, 2009
Posts: 4912
Consumer Price Index, May 2016

http://www.cso.ie/en/releasesandpublica ... exmay2016/

% monthly change +0.5%
% annual change 0.0%

Quote:
The most notable changes in the year were increases in Miscellaneous Goods & Services (+5.6%), Education (+3.8%), Restaurants & Hotels (+2.1%) and Health (+1.6%). There were decreases in Transport (-5.3%), Furnishings, Household Equipment & Routine Household Maintenance (-3.1%), Communications (-1.2%) and Food & Non-Alcoholic Beverages (-1.1%).

Consumer Prices in May, as measured by the CPI, increased by 0.5% in the month. During May of last year, prices rose by 0.4% in the month. The most significant monthly price changes were increases in Transport (+1.3%) and Miscellaneous Goods & Services (+1.1%). There were decreases in Alcoholic Beverages & Tobacco (-0.7%) and Furnishings, Household Equipment & Routine Household Maintenance (-0.7%).


Private Rents (table 7)
% monthly change +0.5%
% annual change +9.7%

Local Authority Rents (table 7)
% monthly change 0.0%
% annual change +2.2%


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 Post subject: Re: Inflation watch
PostPosted: Thu Jun 09, 2016 1:38 pm 
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Of Systemic Importance

Joined: Dec 28, 2006
Posts: 5578
Once again these inflation stats leave me confused.
If you are on 30k salary a year and your 600 euro motor insurance premium goes up 35% as reported in the papers you are paying another 210 euro for insurance. If your petrol costs go up 3% and you've been paying €1000 p.a. for fuel then you are only paying 30 euro more.
younger people with less disposable income are really vulnerable to Inflation in Ireland. If it is a cost which affects those of more advanced years it gets tackled but the young working poor get ridden sidewards and I say that as someone who unfortuanately can no longer consider myself in that age cohort. I have to scroll further down the list in online forms to find my age these days.


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 Post subject: Re: Inflation watch
PostPosted: Mon Jul 18, 2016 8:44 am 
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Posts: 4912
Consumer Price Index, June 2016

http://www.cso.ie/en/releasesandpublica ... xjune2016/

% monthly change +0.7%
% annual change +0.4%

Quote:
The most notable changes in the year were increases in Miscellaneous Goods & Services (+5.9%), Education (+3.8%), Restaurants & Hotels (+2.9%) and Health (+2.0%). There were decreases in Transport (-4.0%), Furnishings, Household Equipment & Routine Household Maintenance (-3.6%), Clothing & Footwear (-2.7%) and Communications (-1.2%).

Consumer Prices in June, as measured by the CPI, increased by 0.7% in the month. During June of last year, prices rose by 0.3% in the month. The most significant monthly price changes were increases in Transport (+3.6%) and Restaurants & Hotels (+1.2%). There were decreases in Clothing & Footwear (-2.9%) and Furnishings, Household Equipment & Routine Household Maintenance (-0.3%).


Private Rents (table 7)
% monthly change +0.5%
% annual change +9.3%

Local Authority Rents (table 7)
% monthly change +2.4%
% annual change +5.5%


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 Post subject: Re: Inflation watch
PostPosted: Thu Aug 11, 2016 3:47 pm 
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Posts: 4912
Consumer Price Index, July 2016

http://www.cso.ie/en/releasesandpublica ... xjuly2016/

% monthly change -0.2%
% annual change +0.5%

Quote:
The most notable changes in the year were increases in Miscellaneous Goods & Services (+6.6%), Education (+3.8%), Restaurants & Hotels (+2.8%) and Health (+1.9%). There were decreases in Furnishings, Household Equipment & Routine Household Maintenance (-3.6%), Transport (-3.0%), Communications (-1.5%) and Housing, Water, Electricity, Gas & Other Fuels (-1.2%).

Consumer Prices in July, as measured by the CPI, decreased by 0.2% in the month. During July of last year, prices fell by 0.3% in the month. The most significant monthly price changes were decreases in Clothing & Footwear (-6.1%) and Housing, Water, Electricity, Gas & Other Fuels (-1.4%). There were increases in Transport (+1.4%) and Restaurants & Hotels (+0.5%).


Private Rents (table 7)
% monthly change +0.9%
% annual change +9.1%

Local Authority Rents (table 7)
% monthly change +0.0%
% annual change +5.5%


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 Post subject: Re: Inflation watch
PostPosted: Thu Aug 11, 2016 3:59 pm 
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Planning Tribunal Attendee

Joined: Jan 28, 2013
Posts: 1336
Appreciate your efforts in tracking stats, but the cost of living in Dublin is going through the roof! Looking at rentals in Dublin makes for horrific viewing. Id say 9% is conservative, although I know that is countrywide. I wonder what it is for Dublin.


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 Post subject: Re: Inflation watch
PostPosted: Sat Aug 13, 2016 8:16 am 
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Planning Tribunal Attendee

Joined: Jul 31, 2011
Posts: 1380
Location: 0-71
Is average wage still flat?


btw.. CSO inflation basket is very different from my one.

WTF is going with Insurance costs?

_________________
Why it was so windy there?... I am out.

For future reference, a 'soft landing' theorem:
06/2007: Central Bank predicts soft landing for housing
http://www.independent.ie/business/iris ... 96858.html
It's all grand


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 Post subject: Re: Inflation watch
PostPosted: Sat Aug 13, 2016 9:57 am 
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Joined: Apr 2, 2008
Posts: 1995
Location: Cork and Kerry
mightyz wrote:
WTF is going with Insurance costs?


http://www.rte.ie/news/player/2016/0811 ... last-year/

Costs of insurance are continuing to rise, outpacing by multiples other costs increases, as they have been doing during the last 3 or so years.
The insurance companies have argued that it is due to the large cost awards made by courts.

I kind of agree with them.

We need to have central government remove the ability of judges to award massive costs to people for basic enough injuries.

There is a method available for this.

It really is something that a good government would do. Anyone?

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There is a reality other than the one we are told about...


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 Post subject: Re: Inflation watch
PostPosted: Fri Sep 09, 2016 4:07 pm 
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Joined: Aug 20, 2009
Posts: 4912
Consumer Price Index, August 2016

http://www.cso.ie/en/releasesandpublica ... ugust2016/

% monthly change -0.2%
% annual change -0.1%

Quote:
The most notable changes in the year were decreases inTransport (-4.6%), Furnishings, Household Equipment & Routine Household Maintenance (-3.8%), Communications(-3.0%) and Housing, Water, Electricity, Gas & Other Fuels(-1.5%). There were increases in Miscellaneous Goods & Services (+5.1%), Education (+3.8%), Restaurants & Hotels(+2.5%) and Alcoholic Beverages & Tobacco (+1.8%).

Consumer Prices in August, as measured by the CPI, decreased by 0.2% in the month. During August of last year, prices rose by 0.4% in the month. The most significant monthly price changes were decreases in Transport (-1.6%) and Communications (-1.4%). There were increases inClothing & Footwear (+4.8%) and Restaurants & Hotels(+0.2%).


Private Rents (table 7)
% monthly change +0.7%
% annual change +8.9%

Local Authority Rents (table 7)
% monthly change +0.0%
% annual change +5.5%


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 Post subject: Re: Inflation watch
PostPosted: Fri Sep 09, 2016 5:57 pm 
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Planning Tribunal Attendee

Joined: Jul 31, 2011
Posts: 1380
Location: 0-71
inflation basket should be calculated differently for different groups:
- young people (18-30)
- middle 31 -45
- old 45-65
- pensioners ( 65+ )

plus there is a difference in regions, which CSO fails to show on all of their publications.

How?
>Housing, Water, Electricity, Gas & Other Fuels(-1.5%)

_________________
Why it was so windy there?... I am out.

For future reference, a 'soft landing' theorem:
06/2007: Central Bank predicts soft landing for housing
http://www.independent.ie/business/iris ... 96858.html
It's all grand


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 Post subject: Re: Inflation watch
PostPosted: Thu Nov 17, 2016 1:14 pm 
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Joined: Aug 20, 2009
Posts: 4912
Consumer Price Index, October 2016

http://www.cso.ie/en/releasesandpublica ... tober2016/

% monthly change -0.5%
% annual change -0.3%

Quote:
The most notable changes in the year were decreases in Furnishings, Household Equipment & Routine Household Maintenance (-3.8%), Communications (-2.7%), Clothing & Footwear (-2.6%) and Recreation & Culture (-2.4%). There were increases in Restaurants & Hotels (+2.0%), Alcoholic Beverages & Tobacco (+2.0%), Miscellaneous Goods & Services (+1.9%) and Education (+1.6%).

Consumer Prices in October, as measured by the CPI, decreased by 0.5% in the month. During October of last year, prices fell by 0.2% in the month. The most significant monthly price changes were decreases in Miscellaneous Goods & Services (-1.5%) and Clothing & Footwear (-1.4%). There were increases in Education (+1.3%) and Housing, Water, Electricity, Gas & Other Fuels (+0.6%).


Private Rents (table 7)
% monthly change +0.9%
% annual change +10.1%

Local Authority Rents (table 7)
% monthly change +0.0%
% annual change +3.9%


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 Post subject: Re: Inflation watch
PostPosted: Thu Nov 17, 2016 1:33 pm 
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Of Systemic Importance

Joined: Dec 28, 2006
Posts: 5578
with the constant reductions in Clothing an Footwear we should all be wearing Haute Couture by now. With the increases in rent/accommodation we may be left with only the shirts or coats on our backs but they should be very fine coats indeed.


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 Post subject: Re: Inflation watch
PostPosted: Thu Nov 17, 2016 1:57 pm 
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Joined: Nov 4, 2011
Posts: 5501
Location: SthDub
I just find these figures laughable.
I've stopped buying branded clothes as the prices are nuts...so the fall is being driven by the likes of H&M, New Look selling unbranded clothing?
Branded runners/football boots etc continue to rise too


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 Post subject: Re: Inflation watch
PostPosted: Sat Nov 19, 2016 1:38 pm 
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Joined: Jul 31, 2011
Posts: 1380
Location: 0-71
FreeFallin wrote:
I just find these figures laughable.
I've stopped buying branded clothes as the prices are nuts...so the fall is being driven by the likes of H&M, New Look selling unbranded clothing?
Branded runners/football boots etc continue to rise too

Not only that, the quality is much worse than 10 years ago.

_________________
Why it was so windy there?... I am out.

For future reference, a 'soft landing' theorem:
06/2007: Central Bank predicts soft landing for housing
http://www.independent.ie/business/iris ... 96858.html
It's all grand


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 Post subject: Re: Inflation watch
PostPosted: Sun Nov 20, 2016 12:20 pm 
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Real Estate Developer

Joined: Nov 20, 2014
Posts: 994
mightyz wrote:
FreeFallin wrote:
I just find these figures laughable.
I've stopped buying branded clothes as the prices are nuts...so the fall is being driven by the likes of H&M, New Look selling unbranded clothing?
Branded runners/football boots etc continue to rise too

Not only that, the quality is much worse than 10 years ago.


This, i see runners for 100+ in price but with sloppy glue lines clearly visible (used to be stitched)

Probably made by kids being paid $1 a day or something


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 Post subject: Re: Inflation watch
PostPosted: Sun Nov 20, 2016 2:34 pm 
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Joined: Sep 29, 2010
Posts: 8328
Location: London, innit
FreeFallin wrote:
I just find these figures laughable.
I've stopped buying branded clothes as the prices are nuts...so the fall is being driven by the likes of H&M, New Look selling unbranded clothing?
Branded runners/football boots etc continue to rise too

Well the basket is made up of what people actually buy (as opposed to what they aspire to) so AFAIK yes


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