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Falklands' retail price index down to 0.3% in first half on lower fuel and power costs

Saturday, August 22nd 2015 - 02:46 UTC
Full article 49 comments

The Falklands' Retail Price Index for the quarter ending June 30, 2015 decreased by 0.8%, meaning that the annual Retail Price Index (RPI) as at the end of June was 0.3%, helped by lower prices of fuel and power. Read full article

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  • Skip

    And just think, they could be enjoying 10, 2o or 30%* inflation now as part of Argentina.

    * - your guess is as good as INDEC's.

    Aug 22nd, 2015 - 03:27 am - Link - Report abuse 0
  • MK8 Torpedo

    In Venezuela they are now using the bank notes as toilet paper.
    Won't be long before the same thing happens in Argie land.

    Aug 22nd, 2015 - 07:39 am - Link - Report abuse 0
  • golfcronie

    Well done the FALKLANDS, living whithin your means is excellent governance. Can't wait to see the FALKLANDS get the rewards of oil exportation, but it will be some time yet. But good to see that even if it is not profitable at the moment sometime in the future they will reap the rewards as the oil is going nowhere.

    Aug 22nd, 2015 - 08:26 am - Link - Report abuse 0
  • Jo Bloggs

    I'm very grateful for the strong leadership of our legislative assembly. They are rightly determined to ensure our spending stays within our means. Yes, at times it's frustrating; I think most of us would like a better road to our international airport but it's going to take time to achieve. There are lots of other priorities for capital spend also and I think our leaders, armed with all of the information, are doing the right thing.

    I can think of nothing that would improve for us if Argentina got its dirty cheating hands on our islands.

    I barely come on MP any more because the trolls are out of control and frankly I think MP could do more to sort them out but they're just enjoying the number of hits they're getting that obviously converts into good revenue.

    I'd like to take this opportunity to thank all of our loyal Falklands supporters on here. Your support means the world to us. I'd also like to thank Uruguay for the tremendous support you gave us again this week.

    Aug 22nd, 2015 - 11:58 am - Link - Report abuse 0
  • HansNiesund

    @4

    There's barely a decent troll around these days. it's mostly “I speak your weight” machines.

    Aug 22nd, 2015 - 01:16 pm - Link - Report abuse 0
  • Conqueror

    Good to see that the Falkland Islands, despite the many attempts of argieland to destroy their economy, frequently and lyingly denied by the biggest liars of the world, continues to show how an economy should be organised and operated. Many of us have, jokingly, postulated idea of the Falkland Island buying argieland. However, if the Islands' economy is already so successful, why not? It would, I think, be reasonable to begin with those segments of TDC with the greatest wishes for democracy and freedom. With the FI from the east and Chile from the west, Tierra del Fuego could be free in a few months. Once TDF has found how wonderful “proper” values are, Patagonia could be overrun from three quarters.

    @4. But there are many of your supporters that don't get on here. What about the support from the people of Britain? What about the support from the British government who, I'm glad to say, continue to do the right thing? What about the support from the British armed forces present on, or regularly visiting the Islands? What proportion of the 64.5 million people of the UK deserve gratitude? What proportion of the 35.75 million people of Canada? What proportion of the 4.6 million people of New Zealand? What proportion of the 321.5 million people of the United States? These are all respected nations. Unlike many of those “countries” that occupy south america.

    Aug 22nd, 2015 - 01:21 pm - Link - Report abuse 0
  • ilsen

    Good Luck Jo!
    You have lots of support both in the UK and all around the world.

    Aug 22nd, 2015 - 01:41 pm - Link - Report abuse 0
  • Jo Bloggs

    Just to clarify my post. I wanted to use MP ('on here') to thank all of our supporters. Subtly different from only wanting to thanks those who express their support on MP. For your info Conqueror, I already do thank many other people and organisations for their support. Support for which I am truly, truly thankful.

    I meant to ask if anyone knows where that top photo was taken. I'd be surprised if it was in the Falklands. Just a file pic from MP I guess.

    Aug 22nd, 2015 - 02:12 pm - Link - Report abuse 0
  • toooldtodieyoung

    8 Jo Bloggs

    ”I wanted to use MP ('on here') to thank all of our supporters.”

    No need to do that Jo, We are behind you all the way ( or, should that be 'beside you all the way' ?? )

    Go Falklands!!

    Aug 22nd, 2015 - 04:27 pm - Link - Report abuse 0
  • paulcedron III

    Comment removed by the editor.

    Aug 22nd, 2015 - 05:25 pm - Link - Report abuse 0
  • Britworker

    @10

    “There are none so blind as those who will not see”

    1.4% Inflation, when can you imagine that Argentina would be able to achieve that, UK is at 0% with a small rise to .5 expected.

    All those industries you mention would not be suitable to a small island community, I doubt they would ever want to cover their islands in factories, nor do they need to.

    Aug 22nd, 2015 - 06:25 pm - Link - Report abuse 0
  • paulcedron III

    Comment removed by the editor.

    Aug 22nd, 2015 - 06:40 pm - Link - Report abuse 0
  • Briton

    Did anyone see paulcedron and his desperate mates peering over the jealous walls , crying over all the great things that the Falkland's have,

    and desperate gutter back home,
    trying to sneak into the Falkland's, how desperate are they, chuckle..lol

    Aug 22nd, 2015 - 06:45 pm - Link - Report abuse 0
  • golfcronie

    @12
    You are such a jealous little boy, grow up for petes sake. Tell us what Argentine company makes cars apart from assembling them.

    Aug 22nd, 2015 - 06:48 pm - Link - Report abuse 0
  • Briton

    Take his toys away...lol

    Aug 22nd, 2015 - 06:55 pm - Link - Report abuse 0
  • Marcos Alejandro

    “and the current round of oil exploration”

    Actually the current round of oil exploitation is collapsing.

    RHK
    45.000(used to be 500 right?)

    Change:

    ↓ -2.500 (-5.26%)

    Aug 22nd, 2015 - 06:57 pm - Link - Report abuse 0
  • Conqueror

    @10. Doesn't exist in argieland either. Which bits of the construction, architecture and engineering industries are actually argie-based? None of them.

    Aug 22nd, 2015 - 07:03 pm - Link - Report abuse 0
  • paulcedron III

    Comment removed by the editor.

    Aug 22nd, 2015 - 07:07 pm - Link - Report abuse 0
  • MK8 Torpedo

    @Joe 4
    Love to visit your fantastic Islands one of these days.Take no notice of the Trolls they are the sort of people who would take a shit in your kitchen before running away.

    Aug 22nd, 2015 - 07:48 pm - Link - Report abuse 0
  • golfcronie

    @10,18
    You still have not answered my Question so I put it to you again, what Argentine company manufactures cars apart from kit cars. ( assembled in Argentina ) Try googling it if you do not know, I am waiting with bated breath, you sad child.

    Aug 22nd, 2015 - 08:09 pm - Link - Report abuse 0
  • ynsere

    Falklanders: Would you like to exchange your Ms. Granger for our Mr. Astori? Please? Pretty please? We'd be happy to throw in several other members of the Uruguayan government.

    Aug 22nd, 2015 - 08:18 pm - Link - Report abuse 0
  • Skip

    Paul has a typical peronist view of what supposedly makes an economy work.

    Must be why Argentina has such a successful economy...... oops!

    Aug 22nd, 2015 - 10:15 pm - Link - Report abuse 0
  • PDG0192

    @10: Once again Paulie:

    1. What is Argentina's inflation rate at he moment?
    2. What is your GDP?
    3. How many live below the poverty line?
    4. What is the current unemployment level in Argentina?

    You never answer these questions. All you do is point out our “failings”. I just hear sour grapes from you.
    Face it sonny, your economy is in the toilet. Your government is corrupt. More money is being lost as we sit here, with your president and her mates sucking the vaults dry. Why else put a 26 year old, with no experience, in charge of the National Bank? Are you really all that stupid?
    Anyway, I have to go enjoy the wealth, sorry. See you when you drop by!!
    Cheery-bye

    Aug 22nd, 2015 - 11:37 pm - Link - Report abuse 0
  • paulcedron III

    dear PeDoG
    i am the first to say that argentina ruled by this government is a disaster, most of all because of corruption.
    i am the first to say that kicillof and the rest of the tw@ts cannot even manage a centro de estudiantes-
    i am the first to say that fernandez the kirchner, her son and daughter, her sister in law, de vido, rossi, his daughter, báez, cristobal lópez, cirigliano, verbitsky, etc etc etc should rot in jail for the rest of their lives.

    now the question is, what has that got to do with this issue?
    as far as i know they are talking about the “economy” of the islets here.

    do you understand that?
    no?

    Aug 23rd, 2015 - 12:00 am - Link - Report abuse 0
  • Islander1

    Hey Paulie,

    |We do indeed have an Economy:

    It is based on business in:

    DeepSea Fisheries - and some is also landed and processed onshore. A growing amount is landed and exported out by reefer container from Stanley -to a wide range of International destinations.

    Agriculture;
    We produce and Export Wool & Lamb.
    We even export a small amount of Fresh Produce- salads.

    Tourism income from overseas tourists - land based,and one day cruisers, is worth several million dollars a year.

    Then the retail industry within the Islands.
    Automotive maintenance and repair.
    Catering services
    Telecomms services
    Banking Services
    Insurance services
    Port Services
    Oil Industry support services
    ---------shall I go on?

    Do please learn not to talk tripe!

    Aug 23rd, 2015 - 12:52 am - Link - Report abuse 0
  • PDG0192

    @24, Yep got it perfectly, Paulie! We have an economy. We export more than we import and we do import a lot. But we always have a budget surplus, which, if we didn't have an economy to speak of, we wouldn't have.
    I know it's very difficult for you to understand, coming from where you do, but it is true. Because we are a small country income from, say, tourism, has a huge impact on our lives and because the budget is managed and not siphoned off into an off-shore bank account, we all benefit.
    My point regarding your post was that it was the usual sour grapes from you. If you all got off your collective arse and did something about your government, you could make an effort of trying to make Argentina used to be.
    Maybe, when the next election comes up, have a go at voting for democracy, or something. Something different to what you have had for the last 30 years.
    Then, you can start taking the piss out of our tiny, well off country.
    Got that?
    I am really looking forwards to your visit. When are you coming over?
    Cheerio

    Aug 23rd, 2015 - 12:56 am - Link - Report abuse 0
  • MK8 Torpedo

    Just to clarify,the FI are a UK oversea territory.
    UK car production is on track to build 1.7 million vehicles this year.Almost all are premium products.
    Argentine production of kits is about half that.

    Aug 23rd, 2015 - 07:31 am - Link - Report abuse 0
  • golfcronie

    @10,18,24
    Paul you are avoiding my question, name the Argentine manufacturers of cars in Argentina ( NOT KIT CARS ) no answer came the stern reply, I take it from his silence and acquiesence that the answer is NONE. Although I will give you the right of reply.

    Aug 23rd, 2015 - 08:33 am - Link - Report abuse 0
  • Islander1

    Paulecedron- has the cat got your tongue???

    Aug 23rd, 2015 - 11:52 am - Link - Report abuse 0
  • yankeeboy

    Paul is just envious of a place where people live free, have a great life and can count on good governance.

    He has none of that.

    He's only known a place that is always on the verge of collapse. Its just varying degrees of how bad is it now. Its never good or lasting.

    He knows he lives in and Idiocracy and he can't escape.

    Aug 23rd, 2015 - 03:48 pm - Link - Report abuse 0
  • PDG0192

    @28: Golfcronie, “no answer came the stern reply, ” surely you ought to have said “wise reply”? Paulie is always “wisely” telling us oracular things, which is why we all sit with bated breath on the pearls that drop from his sweary, racist keyboard!! ;-)

    Aug 23rd, 2015 - 05:59 pm - Link - Report abuse 0
  • Briton

    paulcedron III (#)

    i am the first to say that argentina ruled by this government is a disaster, most of all because of corruption.

    i am the first to say that kicillof and the rest of the tw@ts cannot even manage a centro de estudiantes-

    i am the first to say that fernandez the kirchner, her son and daughter, her sister in law, de vido, rossi, his daughter, báez, cristobal lópez, cirigliano, verbitsky, etc etc etc should rot in jail for the rest of their lives.

    perhaps the brainwashing is wearing off....lol

    Aug 23rd, 2015 - 07:25 pm - Link - Report abuse 0
  • golfcronie

    @32
    He wasn't the first to say that we all have been saying that for years, how dare he say he is first, lying towrag.

    Aug 23rd, 2015 - 08:10 pm - Link - Report abuse 0
  • Briton

    lolo.

    Aug 24th, 2015 - 12:03 am - Link - Report abuse 0
  • paulcedron III

    i know that you, brothers and sisters from the islets, do not know a sh*te about cars.
    why would you?
    you dont have cars in the islets.

    so let me enlighten you, dear benny-hillbillies:
    argentina produces a lot of cars, many of them exported to our dear england.
    some examples are: ford ranger, ford focus, vw amarok, ford transit, ford mondeo, ford fiesta, vw passat, mercedes benz viano, mercedes benz vito etc, etc, etc.

    so, many of our dear brothers and sisters form little britain are now driving the marvelous argentinian cars.

    most of all since most of the factories located in england has been closed.

    i think the last good thing our dear englanders have done was the ariel 1000 square four.
    but that was in 1959.
    since then, all was a big disaster.

    Aug 24th, 2015 - 02:18 am - Link - Report abuse 0
  • Troy Tempest

    @35 Think Pablo

    VW, Ford, Mercedes...

    none of those sound very Argentinian!!

    Aug 24th, 2015 - 03:08 am - Link - Report abuse 0
  • golfcronie

    @35
    Your answer proves the point that I made NO CARS ARE MANUFACTURED IN ARGENTINA, they are all foreign makes of cars ( made from kit parts ) Can you prove the statement you made regarding the export of cars to the UK, I find it extremely unlikely that the foreign makes of cars you mention cannot be bought cheaper from the EU. After all the makes you have mentioned are foreign to Argentina. You really are an ignorant troll, get your facts right before posting. Try googling “ cars manufactured in Argentina ”

    Aug 24th, 2015 - 07:35 am - Link - Report abuse 0
  • paulcedron III

    37
    the brands are american, german, french, whatever.
    but the cars are manufactured here for the whole mercosur, mexico and many other minor markets like england.

    it seems you don't understand the definition of manufacturing.
    try to understand it from its etymology.

    wot?
    you dont understand what etymology is?
    not a surprise, my dear benny-hillbilly.

    Aug 24th, 2015 - 10:46 am - Link - Report abuse 0
  • Pete Bog

    @35
    “ vw amarok, ford transit, ford mondeo, ford fiesta, vw passat, mercedes benz viano, mercedes benz vito etc, etc, etc.”

    Mechanical version of you.

    Implanted squatter.

    Aug 24th, 2015 - 12:02 pm - Link - Report abuse 0
  • Troy Tempest

    38 Thinkpablo

    “the brands are american, german, french, whatever.
    but the cars are manufactured here for the whole mercosur, mexico and many other minor markets like england.”

    Ha ha, those are Export version cars, built to a lower standard for the third world, in many cases using obsolete or otherwise outdated platforms, no longer used for EU UK, or US.
    Many of these outdated versions would not meet US/EU build standards for safety and emissions.

    Your market is perfect for the Chinese auto manufacturers, who don't give a damn about those sorts of things either, and the Argentine families who will buy a cheaper Chinese car because they don't know it wi fold like an accordion and kill their children in an accident.

    Aug 24th, 2015 - 01:10 pm - Link - Report abuse 0
  • yankeeboy

    I've said for a long time I think the auto mfg will pull out when hyperinflation starts in Argentina. This is not like the 80s when they didn't have mfg all over the world. The little bit of mfg that comes out of Arg could be easily absorbed into Mexico and Brazil.

    This next crash will be like 1989 and 2001 combined.
    Like nothing they've ever seen.

    Hyperinflation should start 3....2....1.....kaboom

    Aug 24th, 2015 - 01:37 pm - Link - Report abuse 0
  • paulcedron III

    as i have wisely said, it doesnt matter too much if the retail price index down to 0.3% in the islets.
    mostly because you dont have a real economy there.

    if you check the goods to which they refer, kerosene for the lamps, chum for fishing, chewing tobacco, liquor made in the alembic, etc, you realize that it is a hillbilly economy.
    of course, nobody will have inflation in those products.

    again, the islets have the complexity of gilligan's island in sociological terms, but without the brains or the inventive.

    you need somebody like the professor there.

    Aug 24th, 2015 - 01:57 pm - Link - Report abuse 0
  • yankeeboy

    Soy is down 17% yoy
    And in Argentina all the variable costs are up
    Nobody is gonna plant

    I think its funny that they put all their eggs into VM too. Its U$30 below production costs.
    Bahahahahaha

    3...2...1...

    Aug 24th, 2015 - 02:29 pm - Link - Report abuse 0
  • paulcedron III

    talking about economy, it seems those tiny little “oil wells” in the islets will be totally unviable.
    most of all after this:
    Crude oil briefly tumbles below $38 on market turmoil
    http://www.marketwatch.com/story/oil-tumbles-to-fresh-lows-on-china-market-turmoil-2015-08-24-2103336

    sad sad sad

    Aug 24th, 2015 - 02:50 pm - Link - Report abuse 0
  • yankeeboy

    44. You should be much more worried about Argentina. The Falklands will be fine. They'll always be richer per capita than your country.

    VM is dead.
    You better take some self defence classes.
    Its not going to be too fun going shopping with bare shelves and a wheel barrow full of worthless pesos.

    Aug 24th, 2015 - 03:00 pm - Link - Report abuse 0
  • SebaSvtz

    To any Islander out there:

    What is exactly doing the gentleman in the first picture? looks like he´s pumping fuel to a house, is that what you guys use down there to heat the house?
    Thanks in advance.

    I thought that

    Aug 25th, 2015 - 11:04 am - Link - Report abuse 0
  • PDG0192

    @42: “as i have wisely said,...” when was that? You have never said anything wisely.
    The kero is bought from the UK. There is no chewing tobacco here, no market for it. There is a beer manufactured in Argentina, but most of our alcohol comes from the UK.
    An economy is based on a lot more than manufacturing, Paulie. But you'd know that because you are so wise.
    As has been pointed out to you many times, we have a balanced budget here. What we import is balanced by what we export and there is always a surplus, i.e. money left over for improvements in infrastructure. There are plenty of cars here, some imported from Japan, some imported from the UK. None from Argentina, because the vehicles you produce don't make it into the UK market.

    “ it seems those tiny little “oil wells” in the islets will be totally unviable...” Why? You don't just sell it, you can even store it! The oil will be a bonus to the economy, but at the moment the economy isn't relying on something we don't have yet. You won't understand that kind of investment, coming from where you do, but I imagine KFC has something to replace China with, to offset the possibility of Paulie having to cart a barrowload of readies around to buy a loaf of bread, as the Argentine economy heads down the pipes.
    I did check my savings earlier and they are still worth what they were last week. How's your bank account doing Paulie?

    Aug 25th, 2015 - 10:24 pm - Link - Report abuse 0
  • Islander1

    Sebasvtz - I think that is what he is doing, just seems a strange place to have the fuel tank! I will drive by tomorrow to check it out!
    Yes most homes now use Kerosene for heating - and like ours cooking also on a central heating cooker. A few use gas or electric for cooking - but both are costly here. Several now have Solar panels on the roof for heating purposes and thus reduce fuel costs.
    Very few use the traditional peat for cooking and heating today.

    Aug 26th, 2015 - 02:00 am - Link - Report abuse 0
  • SebaSvtz

    @ 48

    Thank you very much, Islander1.

    Aug 26th, 2015 - 10:33 am - Link - Report abuse 0
  • Voice

    Siding on the house....kerosene fuel tank obviously in the basement...looks like millions of houses in the States....probably is, who bothers building a basement nowadays....

    Aug 28th, 2015 - 10:42 am - Link - Report abuse 0

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