Everything is so expensive at the minute. Will it ever go down?

23 comments

1. Yes, it will go down.

2. Some things probably will. Energy kind of already has because the Government put a price cap on it, but that means prices have been artificially lowered for the last few months and so in some ways is even more depressing.

   I think the bulk of it will remain at these new heights, though.

3. Bit of both. Things will remain expensive until people stop paying for them, then prices will drop. But as long as new cars have year-long waiting lists, holidays are booked up and builders are working flat out nothing is going to get cheaper.

4. Well there was a worldwide paper shortage and the cartridge paper I use doubled in price last year. Now it’s back to normal again.

   No doubt some companies will try try gouge people but if they try that in the long term they risk a competitor coming along willing to undercut them.

5. No they won’t go down. They will decrease in relative terms over the years, but this is the new standard now.

6. I don’t think fuel prices will ever go down, customer service will never return to levels we used to expect, the NHS will never be what it was again etc etc. We have our standard of life eroded and we get used to it. The big Corps and the government know this so they will continue the erosion until the very richest own pretty much everything and the rest have nothing. The bad news is that short of a full-on revolution, (which I hope to see in my lifetime), there is nothing we can do about it.

   Have a great weekend!

7. There won’t be deflation only less inflation. The current prices have filtered through into salaries not by a lot but have still. There is no way to reverse it and they will continue going up. We are headed for recession before early 2024. Be prepared for more pain, more job cuts. It’s just the way the economy works unfortunately.

8. ‘Is this the new normal ?’ No this is the old normal.

9. After we kill Putin

10. Well petrol prices were at around £1.90/litre at one point last year but are now down closer to £1.30/litre and still trending down.

    It would be nice to see draught beer drop a few pence as the duty has been cut on it in the budget, but I expect most pubs will keep the increased margin through necessity.

11. No it won’t, but on a positive note …

    No, I got nothing.

12. Most things won’t go down.

    Things directly related to say the invasion of Ukraine might, as new export options have opened up, and we are reducing our reliance on Russian resources, for example. So energy, motor fuel, etc have either already come down, or will.

    But don’t expect the price of most food or clothing or toys to come down. Their relative cost may decrease, e.g. if your wages go up a lot, but the absolute price likely won’t.

13. Some things will go down, you can see commodity market prices to get an idea on this front. Gas prices have fallen off a cliff relatively (still higher than 2021, but getting there).

14. Prices will dip if we have a recession, but then will climb again-hopefully more slowly. All of the major governments and central banks around the world created too much money than was needed to deal with CVD.
    In any economy, the Gross domestic product is the total amount of money spent on all of the stuff available for sale, in a country, in a year.
    If more money is created, but the same amount of products are available-prices go up.

15. They may, but likely won’t return to where they once were. Whilst there are some companies who are price gouging, the majority of price increases are a reflection of the rising cost of doing business. The rise in energy costs alone has a huge impact on the cost of creating products.

16. Big Companies will band together, until small companies start to take their share of the market then we will see price declines.(though this is in a world that hasn’t got people lobbying the government.)

17. No it will go up a lot. Interest rates being high is meant to be a drop in inflation. Interest rates being this high have put a strain on the greedy banking system who are starting to have to cash bonds before maturity. This has started a run on banks.
    Silicon valley, signature and silvergate have gone…credit suisse is on the brink and one of the biggest banks in the world with 1.5 trillion in assets (2008 crash was lehman brothers with less than half)..governments will be forced to lower rates, this will reverse the fight on inflation.
    This will be too late, the jenga blocks have been falling for over a year and have been unreported by our media until this week.
    Sounds miserable i know but that is how it is.

18. Higher chance of me being coronated King by next Saturday.

19. Can’t see anything coming down much. Climate change is starting to have an effect of food production so you’ll just have to get used to higher prices

20. Deflation is very unlikely

    Everyone here is saying ‘inflation will come down’ but even that isn’t necessarily true. We still have negative real interest rates, low unemployment and massive supply issues locally and globally. My money is on inflation being high for years.

21. Prices of things will probably not come down – what we’re need to hope for is wages going up.

22. While greed exists no it will not !

23. In regard to food, some fruit and veg are out of season. So the price should go down a little bit when they become in season as it means we can buy food that’s been produced more locally. But I’m not sure if they’ll just be as expensive next winter.