The cost of second-hand cars, flights, live music events and computer games kept the inflation rate higher than expected, despite the drop in petrol prices.
Two of the most inflated costs are food and energy. Essentials that demand cannot be reduced beyond a certain point without people dying.
Food is a consequence of Brexit and the increasing cost of importing, energy is a consequence of all energy prices being artificially high due to the price of gas.
There are ways to fix both of those, but they aren’t popular with Tories.
Two of the most inflated costs are food and energy. Essentials that demand cannot be reduced beyond a certain point without people dying.
Food is a consequence of Brexit and the increasing cost of importing, energy is a consequence of all energy prices being artificially high due to the price of gas.
There are ways to fix both of those, but they aren’t popular with Tories.
Core inflation strips out food and energy and is going up in the Uk and down pretty much everywhere else.