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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 thehatfox@lemmy.world to c/unitedkingdom@feddit.uk

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[–] GreatAlbatross@feddit.uk 13 points 3 years ago

This is the important one. Inflation figures are year-on-year.
If the high rate continues for more than 1y, the hike can be more painful than the YOY number suggests.

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lemmy:	0.19.20
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