UK Inflation Rises to 3.5%
 

Due to the Labour Party,

[UK inflation rate jumps to 3.5%
in April as higher household bills kick in]

It was at 2:6%


https://ichef.bbci.co.uk/ace/standar...83e53.jpg.webp

Rachel stated the jump to 3.5% is "clearly disappointing".


https://www.bbc.co.uk/news/live/c3d445jl5g8t

Predicted last year this was.
Plus water costs have risen in April too
The energy rise was forecast even by that guy Martin Lewis as far back as June last year.

Energy costs will fall in July so inflation will be heading downwards again.
Probably to rise again at the end of the year because the regulator will likely approve another rise in the cap for the Winter months.

They do need to keep a closer eye on it though as the UK doesn't need at all the inflation rate heading to double figures, as it hit around 3 years ago in 2022 under the Conservative government.

Some in the Markets
do not agree with that view.

Operative word being some, NOT all.
However they more than likely will I'd say.

3.6% Food inflation is rising.


A new Food Club was shown on Ch4HDnews
No restriction on who can take free food.

It takes all the food that the Supermarkets are going
throw out.

One lady said her kids have had so much
different quality food
that are loving it.

Our reigning Economists don't understand the concept of second or third order effects; or consequences.

i heard on LBC that the weather is to blame

:skull:

Yes lack of rain
has effected many farmers

Unemployment has risen

All the news, reports