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KU | Are penny chews affected by inflation? |
|
 |
 
♥MissMay♥
 |
I believe all the kids are calling them two penny chews these days so sadly they are.
I remember half penny sweets so yeah...Thanks for making me feel old! |
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thecat
|
Yes they stay at a penny but they get smaller in size! |
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-=Matt=-
|
Of course they are.
Firstly, most are around 2p+ now anyway.
Secondly, a traditional 1penny chew is more costly than a 1penny chew from 30 years ago. Why? Because due to inflation, 1p now is worth more than 1p then. |
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groovybean
 |
I think the bags you put them in must have got smaller because I certainly didn't get much for my 25p last week!! - I think I had about 10 sweets! - It's a rip off - I remember the days..............yada yada yada!! |
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taxed till i die,
|
Of course they are, |
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Donna M
 |
Are penny chews still a penny? I think they're more like 2 or 3p now.
Black Jacks - mmmmmm! |
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on the wagon
 |
yes ,and they are very upset |
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MR HAPPY
|
No, only bubblegum is. |
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tiastwo
|
more than likely |
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PiNkY
|
What's a penny chew? |
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educated guess
|
Why not. They are probably worth 5 cents now! |
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Arjay A
 |
Of course they are. Just that in our modern days, we keep thinking of new ways to make junk sugar using ever cheaper ways, hence penny chews will always be around |
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Joshua B
|
i dont think so |
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Guineapig
|
Funny you should ask that - I had a village shop the day the UK changed to decimal coinage.
I sold lots of 1d chews before decimalisation and they became 1p chews that day. I then sold 2 chews for 1 new penny.
There used to be 12 old pennies to what was 1 shilling [now 5p] so you could buy 12 chews for one 1 shilling, but after decimalisation you could only buy 10 chews for 5p.
At the end of my first week trading decimal my takings had increased by £70 not just because of penny chews but because of the rest of the stock which got rounded up or down for simplicity.
Now I think that changing from £ S D to Decimal coinage was in preparation for us changing over to the Euro 30 odd years later and if that wasn't the reason then why did the government try to mend something that wasn't broken?
In those days you could buy a pot of jam for 1 shilling and 6 pence - that's 7 1/2 new pence - now what do you pay? We lost all sense of value just like we have with litres of petrol. Anyone know how much we are paying for 1 gallon of petrol now? That will concentrate the mind.
I think you will find inflation figures are fixed and subject to creative accounting as and when it suits the treasury! |
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dlpmikki
|
Yes, you used to be able to get them for a farthing and then 4 a penny and now they just get smaller and smaller. How long will the penny last - it has already lost it's value! |
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