that seems quite high. When the new tariff applies next month, i will be down to about £80 a month, which is very close to what i paid a couple of years ago

Was 3.4

now it is 3.2%

I've come to accept that on electricity we're just a high-usage household. I work from home, youngest is home-schooled, so heating on all day in the winter, 2x computers on all day, teenagers taking long showers, literally ENDLESS washing machine loads, kettle boiling, toaster, air fryer, etc etc... Plus it's Scotland so in the summer when it's too warm for heating, but too damp for outdoor drying (most of the summer let's face it) it's either heated airer on all day or damp clothes :joker:. Maybe we could cut usage a bit but honestly these days, I'd rather pay more for the convenience of not having to think about it. Fck the environment.

the BoE need to reduce interest rates, and get some growth going. Unemployment is rising

…absolutely this…

Was 3.2%


now at 2.3%

2.3 indeed
Yes that's the average.
Plus it's mainly down because of falling of energy costs.
Which are STILL around 60% higher than 2 years ago.

However on just again 3 items I buy every week.
From this week to last week.
One has risen from £1.10 to £1.35.
(Rises absolutely way above near 2%+).

Another has gone from £1.60 to £1.95.
Both food items.

Then another thing I buy which was £3.25 two years ago
Since then has risen over the last 2 years to £4.25.
This week from last week is now £4.75.

So sorry, I'm not cheering yet this supposed inflation drop and I'm sure next week I'll see rises on more things too.

Inflation now at 2%

From 2:3%

https://www.bbc.co.uk/news/live/cgeekd4nzvkt

But we are now in a 4th of July Election
so prices are still going up.

Inflation now back to 2:2%


Labour can not stop it.


Conservative shadow Hunt stated
[Chancellor Rachel Reeves "must not use this
data as an excuse to break her promises
and hike up taxes".]

Looking at the places I shop I've never seen a halt to prices rising.
The only thing that's really come down is petrol prices at present.

However all the way before the election the 'so called political experts' were stating that inflation would start to rise again.

It's one of the reasons Sunak called the election because he knew it would rise from the 2% it was claimed to have come down to.

Apparently because of problems with cocoa, confectionery is expected to rise.
Plus as was stated in April.
The small percentage drop in energy costs will be reversed in October, by another 10% to 12% increase again then.

So obviously inflation will rise likely more in the Autumn.
More evidence of why the election was called sooner than the Autumn.
This was well-known and forecast.