UK inflation: Price growth tumbles to two-year low of 4.6%

UK inflation: Price growth tumbles to two-year low of 4.6% - as energy prices cool

Рет қаралды 25,953

8 ай бұрын

There has been a sharp decline in the rate of inflation to 4.6%, driven by a big easing in energy costs.
The Office for National Statistics (ONS) said the annual rate slowed last month, from the 6.7% figure reported in September - mainly due to the lower energy price cap imposed on households at the start of October.
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Пікірлер: 169

@DextraVisual 8 ай бұрын

People asking why prices haven't dropped seem to be confusing inflation with interest. Even if inflation drops to 1% that just means there will still be a 1% increase on the previous years prices. Thats inflation.

@davidjupp961 8 ай бұрын

Tory liars hoping their working class turkey voters will not become aware of this despite only seeing prices continue to rise pathetic isn't it

@declancotter722 8 ай бұрын

If prices were falling it would be deflation. Ironically worse as the incentive to buy anything disapears, why buy today when it will be cheaper tomorrow.

@AnyKeyLady 8 ай бұрын

@@declancotter722 The thing that some people do not realise is that it still won't be as cheap as it was in 2020.

@anonymousone6075 8 ай бұрын

@@declancotter722 people who actually have a genuine need for that item would... negative inflation would mean the currency is getting stronger and your wages stretch further and further...

@JGrant60 8 ай бұрын

True, but if the cost of producing a good i.e energy prices go down for shops and fuel costs for delivery, plus company loans are cheaper you’d think some prices will go down

@dubnubgtd8538 8 ай бұрын

Just because inflation falls, doesn’t mean the price falls, it’s increased and will stay increased for the foreseeable. Greedy companies get use to it with big profits and the consumer gets used to everything more expensive.

@DextraVisual 8 ай бұрын

Exactly. Even if it drops to 1% that just means there will be a 1% increase on the previous year. Thats inflation.

@thomjer5276 8 ай бұрын

Yes, that's about the size of it.

@Adam-mo6gf 8 ай бұрын

Convenient timing the day after Sunak’s disastrous cabinet reshuffle.. Let’s not worry about made up numbers and keep an eye on your energy and grocery bills.

@davidjupp961 8 ай бұрын

Exactly all it means is prices rising slightly less but our pathetic sycophantic tory media start praising the government like its all down to them

@TwoSpiritPenguin 8 ай бұрын

Dole money late again this month?

@Matt-uy5tw 8 ай бұрын

@@Cartar.11Cmon don’t be ignorant. We know these numbers are made up. And I’m a senior finance leader for a major bank. Energy prices to rocket in January don’t worry.

@freddiejones4598 8 ай бұрын

@@TwoSpiritPenguinwhat a childish comment. He made a valid point

@aliasgharkhoyee9501 8 ай бұрын

Not everything is a conspiracy.

@ydnallah1541 8 ай бұрын

Seems a little coincidental and convenient 🤔

@GK-qc5ry 8 ай бұрын

Inflation numbers are released every month, and the ONS compile the data. Nothing fishy on the timing at all.

@dickscriminate 8 ай бұрын

@ydnallah1541 please explain?

@cameronmmj9291 8 ай бұрын

😂😂😂 cope

@streamsofauroramusic161 8 ай бұрын

This means nothing when food prices, rent prices and utility fees are through the roof. Stop the gaslighting and actually make a difference.

@phucknuts.7065 8 ай бұрын

This is great news, I look forward to seeing the price hikes in the shops and and the fuel pumps as a reaction to this.

@James-gr5mx 8 ай бұрын

Yep milk is £1.70 and bread £1.50 I feel sorry for the poor. Who work to pay for food, rent,fuel, electric and have £0 after.

@hoewaxcandles 8 ай бұрын

And yet our rents gone up and groceries still going up

@solomonsmith3658 8 ай бұрын

Because inflation is still above zero. Prices are still going up just not as much as they we’re

@hakanfan 8 ай бұрын

and when has this ever not been so

@SirAmnesia 8 ай бұрын

thats how inflation works

@thedave8097 8 ай бұрын

Yep, groceries continue going up by over 10%, while the government pretends to be doing something useful

@jamiewilson5679 8 ай бұрын

And yet the supermarkets are still reading the arse out of prices...

@dean9327 8 ай бұрын

Real new the damage is done, prices not going down , they just not going up slower at 5%

@UKsoldier45 8 ай бұрын

As usual Sky going totally overboard with praise for the PM!!

@anonymousone6075 8 ай бұрын

GBNEWS is even worse, it must be the official channel of the tory party

@theresadutton8553 8 ай бұрын

Inflation is the best tool to make people poorer 🤬

@hodgie9881 8 ай бұрын

food prices are the biggest problem its criminal

@sanchezz4387 8 ай бұрын

State sponsored profiteering

@anonymousone6075 8 ай бұрын

A lot of that is from paying farmers to rewild land instead of grow crops

@sarogers6294 8 ай бұрын

What nonsense, no real people are feeling things getting any better, EVERYTHING is going up but wages and benefits 🤦

@MuddledMe 8 ай бұрын

Prices still rising faster than they should...

@timcheh5940 8 ай бұрын

Ordinary people of the working class still do not see the difference. Stats on TV means nothing.

@spunkychops7484 8 ай бұрын

Core inflation still rising over all . This is an artificial blip due to the enegry cap. It will go up in December.

@SteveNinetyski 8 ай бұрын

True talk.

@thedave8097 8 ай бұрын

Ah yes, but food inflation is still at 10% this year, amazing job guys 😂

@PotatoSalad614 8 ай бұрын

Congratulations to Argentina who just reached 143% inflation today 👏

@wellhungindung 8 ай бұрын

So price growth is the new inflation? Newsflash, prices wont be lower than they were two years ago, they're still going up.

@sanchezz4387 8 ай бұрын

And still im struggling to make ends meet...... Its almost as if inflation isnt the real. Problem isn't it

@wolfhowllionheart9367 8 ай бұрын

No the energy price cap made the number re adjust it didnt fall is just tracked diffrently

@anthonyjames45 8 ай бұрын

And yet my shopping Bill is going Up and electric as well. Somebody is cooking the Books

@schrodingerscat1863 8 ай бұрын

Inflation is still 4.7% meaning prices are still rising fast, just not as fast as a couple of months ago. This has nothing to do with Sunak it's just global reductions in raw material and energy prices.

@DavidByrne85 8 ай бұрын

The tories should have set a target of average temperatures halving between july & january then taken credit for that, too 🏆

@anonymousone6075 8 ай бұрын

a true brexit dividend, prices only rose about 50-100% since we took back control

@DavidByrne85 8 ай бұрын

@@anonymousone6075 Brexit also caused inflation to go up & then down in the eurozone & US over the exact same time period. Damn brexit!

@benjamjarmin 8 ай бұрын

Thanks Rishi for turning the inflation dial back from Insane to just a notch over Mad

@AntGeezer 8 ай бұрын

Could somebody let Morrisons know? 🙄

@tonysheerness2427 8 ай бұрын

Energy is not a freer market it is a political market. Take the politics out of energy and energy should be dirt cheap.

@crimsonchin9632 8 ай бұрын

Lets see the price of food drop then please.

@BenonBoldstreet 8 ай бұрын

The UK is in trouble ... Im off they tanked the economy

@ChubbyChecker182 8 ай бұрын

I stopped buying milk because it has become ridiculously expensive

@enz2439 8 ай бұрын

Everything stays same

@schrodingerscat1863 8 ай бұрын

Main reason it is falling is everyone is utterly tapped out and can't afford to pay any more. What we actually see in the shops is prices still rising at a pace and most people just buying less of everything. Inflation has to go negative for prices to fall, so this isn't great news at all, just not as bad as it has been.

@lukespencer1064 8 ай бұрын

While that is true deflation is a disaster for an economy.

@davidstrelec2000 8 ай бұрын

@@lukespencer1064 Greedy companies will just rake in the extra dough

@schrodingerscat1863 8 ай бұрын

@@lukespencer1064 While that is usually true, when inflation has been cost push rather than growth lead it doesn't mean disaster at all. As cost of energy and raw materials fall, deflation in that scenario would actually lead to growth in overall economic activity.

@williamdixon2368 8 ай бұрын

Absolute Bollocks

@MrLaking123 8 ай бұрын

so when are we going to see everything getting cheaper?

@flexecutegaming2997 8 ай бұрын

Mean while people can barely afford food who gives a toss about energy bills when food is 5 times the price it was before

@user-qc4rs5vh3o 8 ай бұрын

Rishi best tell my insurance company...up 30 f@#kin percent ..

@sanchezz4387 8 ай бұрын

Ive just downgraded from a 2 litre turbo diesel golf to a 1 litre petrol aygo, 14 years no claims and they want me to oay £15 a month MORE for the smaller less polluting car...... This country is run by criminals for criminals

@RaRa-eu9mw 8 ай бұрын

Very good news.

@johnswift1736 8 ай бұрын

Yet gas is going up to the householder

@billpentelow6941 8 ай бұрын

Complete bollocks at best a complete lie at worse.

@John-dh1gh 8 ай бұрын

Sky like BBC interviewing themselves.

@fLUKEYdNb 8 ай бұрын

It’s a LIE

@versaceviper9798 8 ай бұрын

Truflation data shows 6.19%

@RaRa-eu9mw 8 ай бұрын

"Truflation" is just tech bro startup scam nonsense.

@Charlie.93 8 ай бұрын

Lol what a joke my electric and gas cost me 150 Month in a 1 bed flat

@RaRa-eu9mw 8 ай бұрын

That indicates serious efficiency problems in the flat. My cost is 80 month for a 3 bed house. Go round with caulk and fix any places where cold air is coming in.

@Charlie.93 8 ай бұрын

@@RaRa-eu9mw I need to ring British gas and ask what's going on

@user-wq6sz7vt3w 8 ай бұрын

Sky subscription prices should also follow and drop in price!

@solomonsmith3658 8 ай бұрын

Nothing is dropping in price. Inflation is still above zero, prices are still rising just not as much as they were before

@user-bi8ko7kc6h 8 ай бұрын

Is that rate excluding food and fuel?

@Cogitoergosum10 8 ай бұрын

Nothings changing for us ordinary people, bunch of liers, prices will still rise

@thelasthourgetready 8 ай бұрын

Based upon which figures?

@thestreets5206 8 ай бұрын

More lies

@laidbackkodiak 8 ай бұрын

Soooo he promised to do something that would of happened if he just sat on the toilet for months. Well done I guess

@ap3460 8 ай бұрын

UK 🇬🇧 still 3 Trillion pounds in debt! 🤦

@PotatoSalad614 8 ай бұрын

USA has entered the chat

@RaRa-eu9mw 8 ай бұрын

Debt is fine. Why do commenters always seem to think debt is so terrible? A mortgage is debt. So long as it's manageable (which the UK national debt is) then it's fine.

@ap3460 8 ай бұрын

@@PotatoSalad614 I live in the UK mate. FCC votes today to allow Joe Biden and his administration to take full control of the US internet. Good luck 👍

@ADfyasko 8 ай бұрын

This inflation going down is bull$h!t, all I see are prices going up everywhere

@SteveNinetyski 8 ай бұрын

To say those figures are deceitful would be an understatement. Get ready for super duper inflation shortly, followed by government blaming someone or something "unexpected" 100% sure thing. How are your mortgage payments going..or how WILL they be going guys?😅

@bluceree7312 8 ай бұрын

Now, will we ever get a pint of beer for less than 5 quid? don't think so.

@noonecaresm8641 8 ай бұрын

2 to 3% please

@joshuadelisle 8 ай бұрын

If inflation can go as low as 1920 that would be great 😃👍

@Himoutdoors 8 ай бұрын

Saying that Rishi Sunak is responsible for falling inflation is like saying mankind is responsible for the temperature of the planet.

@rtadpp 8 ай бұрын

Think what would have happened with Liz as PM 🤣🤣🤣🤣

@Himoutdoors 8 ай бұрын

I’m not sure that it matters who’s in office at the moment. The western world is short energy, and following a ludicrous net-zero agenda. As a result inflation will rise with the price of energy. I fully expect energy prices, and therefore inflation, to rise into 2024, and unless the PM nationalises the UK energy infrastructure, prospects our own O&G resources and fixes prices, they cannot control it either.

@stephenford2758 8 ай бұрын

But the uk economy is slipping into recession

@RaRa-eu9mw 8 ай бұрын

No it isn't

@sanchezz4387 8 ай бұрын

And on another note. Wages went up inflation didn't........ Energy prices lowered..... So did inflation. Or energy prices went up and so did inflation..... Can anybody point out the correlation its on the tip of my tongue i cant quite spit it out

@gameram6382 8 ай бұрын

Men in gray suites have made their money now. They are happy for abit.

@JK-oy8uw 8 ай бұрын

Will they cut tax now as they promised?

@John-dh1gh 8 ай бұрын

No, because they're importing hundreds of thousands of third world people all with their hands out.

@Mark..Birchenough 8 ай бұрын

With zero help from the Tory party.

@freddiejones4598 8 ай бұрын

More government spin.

@fintamaria2429 8 ай бұрын

Good morning. These are sellers of illusions😢😢

@Darhythmman 8 ай бұрын

Incorrect as usual , all indicators are up except for gas/ electric which dropped due to the price cap change. I love comedy …, but this is beyond 😂😂😂

@annemoncrieff3875 8 ай бұрын

So really those lroce increases in energy last year were nit necessary. War is still ongoing and infact there is another one now. So those oil companies rmetc took the opportunity to jump on a bandwagon. Off course if tories hadn't done away with all the gas storage areas and let the receiver place in little engkand burn down it wld have been a lot better again. It's like after brexit result came out prices in supermarkets started to rise before we even left the eu. Once again they were jumping in the bandwagon which meant when the final cut off came goods had nearly trebled in price. Rip off merchants the lot of them and the tories do nothing to stop it.

@danh9225 6 ай бұрын

Inflation rate means nothing, its retailers rip off rates we need to stand up to. Why for example has a 4 pack of Guinness in Waitrose gone from £5.00 to £6.20 in a year! This is a 24% increase! Also my local swimming pool has gone from £4.85 to £6.25 in 2 years a 28% increase! I could go on. A BP fuel station near me (Peas Pottage W, Sussex) is selling fuel at least 25p per litre over the average! When I told the cashier he said oh we're near a motorway (M23). Inflation rate means nothing. Its retailers rip off rates we need to stand up to. What does 1 or 2% mean to food and fuel bills if retailers are whacking 20-25% on services and goods every year? The official inflation It effectively false.

@Jim90117 8 ай бұрын

A well packaged lie, do some research into this and the drop in energy rates.

@fintamaria2429 8 ай бұрын

So price growth is the new inflatio!!!

@tanktutorials 8 ай бұрын

I smell poo

@Chris1553 8 ай бұрын

Nothing to do with the Tories, it's just natural price adjustments !

@ap3460 8 ай бұрын

Sky lie

@simonspencer397 8 ай бұрын

Inflation is a BS headline figure and relates very little to real world costs.

@sunny96789 8 ай бұрын

Rishi thank you. Funny that people were saying that economy won't recover and will fall into recession same time last year. Once Sunak came into power he made the correct decisions in his budget which focused on not giving in to the unions and stabalizing the economy and that has worked.

@davidjupp961 8 ай бұрын

Inflation was falling everywhere, nothing to do with him and we still have the highest taxes since ww2 and no public services to show for it growth in the economy is flat and forecast to remain so for years trade is down because of the hard brexit no one voted for and the NHS is collapsing, oh yes well done Tichy Sunak and the Eton mafia

@annemoncrieff3875 8 ай бұрын

It has nothing to do with unions etc. Infact giving better wages wld help the economy gas more money circulating. Div

@spunkychops7484 8 ай бұрын

Core inflation is still going up. Watch thoes figures go up in dec 😂😂😂😂

@davidstrelec2000 8 ай бұрын

Inflation fell because international prices have dropped. Nothing to do with Rishi Sunak. And also inflation was mainly caused by excessive profits and brexit.

@marcritchie4968 6 ай бұрын

Inflation is not the rate in which price's rise, another phony economist. its the expansion of momey and credit resulting in a higher price

@sunny96789 8 ай бұрын

Give him and his team credit where it is due, stop hating a competent man for doing his job well. He came in at a very difficult time last year. He has managed the impossible.

@andrewbarton3040 8 ай бұрын

Well said mate and spot on what Rishi Sunak has achieved is huge achievement the man deserves credibility and another 5 years in 10 Downing Street 😊😊😊

@michaelmckie9164 8 ай бұрын

The target is 2%. It goes up, global factors beyond our control & comes down and apparently Rishi, we still have highest inflation in G7.

@RaRa-eu9mw 8 ай бұрын

@@michaelmckie9164 That's the BoE target. Sunak's pledge was to half inflation, which would be 4.9%. Credit where credit is due. He did it. Job done.

@paul_e123 8 ай бұрын

@@RaRa-eu9mwhow did he do it? He had no levers available to him to control inflation. Even the BoE’s interest rate rises played a very minor role. This was all cost-push inflation, not demand-pull. It’s all driven by the war in Ukraine and covid supply issues.

@schrodingerscat1863 8 ай бұрын

He hasn't actually done anything. Inflation is falling because energy costs have finally started to stabilise. He hasn't done anything to solve any of the problems we face as a nation and our economy is still a total disaster area with inflation well above other developed economies. Most are still struggling to buy food and heat their homes let alone anything else.

@Himoutdoors 8 ай бұрын

Government stooges

@IAMJUDAH144 8 ай бұрын

And it will continue to decline lol, this place is over folks lol. Karma, it cant last for ever

@PotatoSalad614 8 ай бұрын

karma?

@IAMJUDAH144 8 ай бұрын

@@PotatoSalad614 Absolutely, england Is going down the toilet

@PotatoSalad614 8 ай бұрын

@@IAMJUDAH144 inflation is going down. Argentina just reached 143% inflation today

@andrewbarton3040 8 ай бұрын

Rishi Sunak has done outstanding job since becoming prime minister he has halved invasion and reduced the boats coming from France and has sacked suella braverman this man deserves to stay in Downing Street for the next 5 years rishi sunak record speaks for itself and people can learn a lot from this man’s leadership well done Rishi Sunak 😊😊😊😊

@catclipcentral 8 ай бұрын

He cured cancer, fixed inflation, stopped the war in Ukraine and fed the Ethiopians. How can people hate this man!

@denboy3394 8 ай бұрын

He needs to go back to Pakistan.

@liamblack2574 8 ай бұрын

@@denboy3394he’s a English lmao

@rtadpp 8 ай бұрын

Great economic policy of Sunak. All credit goes to him👍👍 Sincerity has paid. Great job.

@davidstrelec2000 8 ай бұрын

Inflation fell because international prices have dropped. Nothing to do with Rishi Sunak. And also inflation was mainly caused by excessive profits and brexit.

@rohitd23 8 ай бұрын

Good news. Finally, slowly but surely, we will emerge out of this stronger and better off. Glad to see this government's getting it right... hope people let them stay around long enough to finish this massive debt off, but I dread voter dilly dallying may stifle our recovery