UK inflation falls again but prices still high

Inflation is down, falling just over 1% last month, but prices are continuing to rise - just more slowly than they were before.

It all adds up to predictions of a further hike in interest rates.
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[DonaldMark-nese]

The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

[RaymondKeen.]

Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.

[Marenqo]

A decrease in inflation only means getting screwed slower. Prices are still going up.

[splooshy]

Prices will never drop! They're making too much money and they know people will pay whatever price they set, so they've got us over a barrel. Meanwhile, the rich get richer. I love living in a fair society 🙄

[DuBmonkey]

damage is already done, inflation needs to go NEGATIVE for any relief to be had, scam artists and grifters

[JuanAristi]

You did not mention that the Government Price Guarantee only offsets the inflation of the energy price increases to the future years. The inflation is fundamentally still in the pipeline

[macred]

They've been telling us public wage increases will not help inflation, which most economists disagree with yet when private company pay increases were mentioned he brushed this off. What a bunch of two faced liars.

[ProffAndy]

"This person's going down a no entry" after driving with no hands on the wheel. 😂

[realest-]

Just the start, we have yet to see the full impacts of price rises across the board that will never come back down.

[Carole]

Investors should be cautious about their exposure and new purchases, especially during periods of high inflation. In current recession, such large yields are only achievable with the guidance of a qualified or reliable advisor.

[Setinmywaysalways]

No change in my shopping at ASDA today.

[GrizzLdn]

0:47 the irony of him calling out someone going down a no entry whilst he isn't wearing a seat belt! Lool

[pc.]

Taxi driver is not wearing a seatbelt, very naughty 😈 and then he complains about someone going down a no entry 😂

[markuscastineira]

Of course elite sucking the life out of us first 😂

[KSweeney]

Who the hells wages are going up?!? Not the lower masses, just the Tories and the richest peoples

[paxundpeace]

Prices keep rising. It is still getting worse.

[jonethomas]

The food been getting smaller even in tins, yet same price, my bog roll has shrunk in size, choc bars, how much more if this continues it will fit in the mouse holes.

[helenafish]

Inflation is not down, this is akin to saying we’ve stopped accelerating whilst driving along the motorway and are holding a steady 70MPH so it’s just fine to open the door and step out.

[linesided]

There already is a recession. It's the "not-recession recession". Most of us are seeing real cost of living problems just the same as we would see in a recession.

[JaxApocalypse]

So if you’re driving taxis in Birmingham, don’t need to wear seatbelts? 😂