UK Shop Price Inflation Down Significantly Despite ‘Cost of Living Crisis’

Labour achieved a massive Overton window shift when it successfully pressured multiple Tory administrations to parrot the phrase ‘cost of living crisis’ at every opportunity. There is positive news for Sunak on this front at least today as new figures show food price inflation has slowed for the tenth consecutive month, with retail analysts now forming the view that shop prices are no longer a major factor in cost of living pressures.[…] Read the rest