Quite bleak latest inflation numbers
Yes overall inflation down to 8.7%
But that’s higher than was expected.
Core inflation rose by 6.8%, up from 6.2%
And food inflation at an eye watering 19.1%. Crippling for the poorest (and even non-poorest) families.
Staple goods inflation massive, in many cases
bread 18.6%
pasta 27.7%
meat 17.2%
dairy and eggs 29.3%
olive oil 46.4%
sugar 47.4%
This is a catastrophe for many.
twitter.com/lewis_goodall/status/1661286636682977280?s=20