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UK inflation falls sharply to 6.8% as cost of living pressures ease (www.theguardian.com)
submitted 3 years ago by to c/unitedkingdom@feddit.uk
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[–] 5 points 3 years ago (1 child)

Sorry, I'm poor. What does inflation have to do with my inability to buy anything? Will my pay increase, or prices decrease with less inflation?

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  • [–] 13 points 3 years ago (2 children)

    Prices won't decrease but they are just rising fast instead of really fast which is... progress?!

    Technically peoples pay should increase but there will no doubt be a nice lag to that too won't there.

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  • [–] 3 points 3 years ago (2 children)

    Yeah but if we do that then inflation will just go up more. Somehow. Even though real wages has been dropping for decades.

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