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UK CPI Latest May Statistics Show Inflation at 8.7%, Core CPI rose from 6.8% to 7.1% (www.ons.gov.uk)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 1 year ago

And "halving inflation" is a weasly commitment anyway because inflation is an annual figure. So by the end of the year we'll be comparing to December 2022, when inflation was 10% and prices had already increased a lot.

In other words, he was really saying: "In 12 months, I promise that prices will only be 5% higher than they are right now."

Doesn't really seem very ambitious when put like that, does it?

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