Inflation falls again.

[celeste]

https://www.bbc.co.uk/news

UK inflation has fallen to 2.3% - just above the target of 2% - the lowest level in almost three years

It means prices are still rising, just at a slower rate.

"Today marks a major moment for the economy, with inflation back to normal," says Rishi Sunak.

Inflation was running at 3.2% in the year to March 2024 - that was the lowest rate since September 2021

Falling inflation is expected to lead to a cut in interest rates later this year.

Inflation peaked at 11.1% in October 2022, its highest for 40 years - the government pledged to halve the rate in 2023.

[ExileSteve]

Yeah, sure, Mr Sunak and the billionaires controlled media.


Oddly enough, I am earning far more now than I have ever earned in my life. In the past I could only have dreamt about the payslips I receive very month these days. And yet…..well, it never seems to go terribly far for some reason or other……🤔


God help anybody who is scrimping by in a sh/t job on minimal rates of pay. There is a reason why the nation is not rejoicing at the media’s glad tidings.


I wonder what it could possibly be……..

[lozflan]

Tax ,income is at it's highest,I cant recall the other lot ever reducing tax,just maybe rebranding it with another name.

[Rodriguez Salvador]

A decrease in inflation may indicate economic stabilization and an improvement in the financial well-being of citizens.