Honestly the only place I've noticed it is the petrol pump. Fuel prices shot up dramatically early in the year. They're back down now from the peak, but still higher than they were a year ago.
This has me curious: has the UK's gas prices gone up consistently with "normal" inflation, or have they stayed relatively static against it until now?
Gas is already cheap in the US, but it's actually cheaper in real terms (adjusting for inflation and engine efficiency) to drive in 2022 than it was in ~2005. Is it the same there?
So I think that most people "feel" as if the price of petrol has been going up, but it really hasn't - it's been mostly frozen for years now.
As an example - I found in my google photos this picture from 2011, literally 11 years ago, and it shows petrol at 134p/litre, which is actually more expensive than it has been for few years(other than this year, obviously). Definitely 2016-2020 petrol has been around 120p/litre, with 130p/litre for premium(which I remember well because I had a sports car for those 4 years and remember thinking that 130p/litre is expensive for fuel).
It could be that it they only meant they only notice petrol price changes because during a weekly shop you're looking at dozens of items, and maybe aren't in the habit of looking at each one then at the end you pay for everything at once. Whereas petrol prices are something you tend to specifically look out for when you're out and about, and it's the main component of the bill when you go to pay.
woodruffw|3 years ago
Gas is already cheap in the US, but it's actually cheaper in real terms (adjusting for inflation and engine efficiency) to drive in 2022 than it was in ~2005. Is it the same there?
gambiting|3 years ago
As an example - I found in my google photos this picture from 2011, literally 11 years ago, and it shows petrol at 134p/litre, which is actually more expensive than it has been for few years(other than this year, obviously). Definitely 2016-2020 petrol has been around 120p/litre, with 130p/litre for premium(which I remember well because I had a sports car for those 4 years and remember thinking that 130p/litre is expensive for fuel).
https://imgur.com/a/JqT15rm
rawling|3 years ago
lotsofpulp|3 years ago
smcl|3 years ago
andsoitis|3 years ago