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

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. Mainstream coverage of this development is pretty much non-existent this morning…

UK shop price inflation fell below 2% in March. Shop price annual inflation is down to 1.3% in March, according to the British Retail Consortium. That’s the lowest since December 2021. Odd that the government isn’t making more of this…

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