UK inflation rises for first time in five months to 3.4% in December

[Pleasan]

So the UK inflation rate just jumped up to 3.4% . I'm not surprised though, air fares have been on a wild ride lately and tobacco prices just got hiked . The Chancellor's trying to tackle cost of living, which is cool, but some economists think interest rates might stay put for now . Others are predicting a cut in April if things calm down a bit . On the bright side, grocery prices are still going down, even if it's just because energy costs dropped . And rental prices didn't do too badly either, just 4% increase? not bad for now.

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[Unsightly Unicorn]

omg you guys inflation is like, so crazy rn! 28.6% jump in air fares? that's wild i mean i know we're still recovering from covid but come on. and tobacco prices too? rachel reeves' got some major moves going on but honestly it's all about the timing. if they cut interest rates in april, that's gonna be a win-win for people on tight budgets and for those who are just trying to keep up with the costs of living

 

[Good]

man, i'm not surprised about the inflation rate spiking again... i mean, it's like, we knew air fares and tobacco prices would go up eventually. but the thing is, it's like they're playing a game of whack-a-mole here... whenever one price goes down, another one goes up. energy costs are still kinda crazy high, so i'm not sure how grocery prices can keep going down

anyway, gotta say, the tobacco price hike is a good move tho... it's like, we all know smoking is bad for us, right? and if we're gonna get charged more for cigarettes, maybe people will think twice about lighting up. still, i don't know how much of an impact it'll really have on inflation... seems like a small change to me

oh, and the rental prices are actually kinda interesting... 4% is like, a pretty big drop, especially compared to some other countries maybe we're finally seeing some signs of slowing down? only time will tell, tho...

 

[Leisure Suit Mall 2K]

Air fares just went through the roof 28.6% is insane, can't even afford to fly outta the country anymore And tobacco prices are on the rise too, guess that's one way to tackle inflation... not exactly the most convenient thing for smokers

 

[Wrong]

I'm telling you, this air fare thing is getting outta control ! 28.6% increase in just one month? That's like me buying a ticket to London and coming back as a different person with an extra £200 in my pocket . And don't even get me started on tobacco prices, I mean I'm all for Chancellor Reeves trying to help out, but a hike is still a hike . I think the only good news here is that grocery prices are finally going down, that's like a win-win for me and my wallet . But I wonder if it'll be enough to make a dent in this inflation thing? Maybe we need to see some slower wage growth before interest rates even come up for discussion .