Talk to economists and they’ll inform you that the price of residing disaster is over.
They will level in the direction of charts exhibiting that whereas inflation continues to be above the Bank of England’s 2 per cent goal, it has come down significantly in recent times, and is now “only” hovering between 3% and 4%.
So why does the price of residing nonetheless really feel like such a urgent concern for therefore many households? The quick reply is as a result of, relying on the way you outline it, it by no means ended.
Sky’s economics & knowledge editor, Ed Conway investigates.
Read extra: https://news.sky.com/story/uk-economy-shrinks-for-second-month-in-a-row-13395239
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