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UK Inflation: Pressure on consumers eases while chances of a 'stickier' inflation rises
Posted
May 24, 2023
Views
20,004
Likes
195
Comments
65
Engagement
1.30%
May 24, 2023
20,004
195
65
1.30%
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5:04Now PlayingInflation has fallen out of double digits for the first time since last summer - down from 10.1% in March to 8.7% in April.
Finally, the cost of living crisis - or rather the rate at which the crisis is worsening - is beginning to abate.
However, core inflation, measuring the rate of price changes stripped of fuel and food prices, rose from 6.2% to 6.8%, the highest level in three decades, suggesting there's a chance inflation is becoming embedded in the economy.
UK economy latest
#costoflivingcrisis #inflation #skynews
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