Don’t be fooled by the word ‘dropped’, inflation is still here. Prices are still rising, just by 1.4% less than they were in March. In today’s Office for National Statistics (ONS) monthly stats drop, the Consumer Price Index (how inflation of...
Inflation is when prices go up. And they have been going up, a lot. What’s that all about? Simply put, if ‘inflation’ is at 10% (this is just a example number) then the prices of goods and services are 10% higher than they were 12 months ago. This...