General Article Is the cost-of-living crisis over and will prices in the UK ever come down?

Topic Selected: Cost-of-Living Crisis Book Volume: 448

What does the inflation rate mean for you? Will prices come down? Here’s what you need to know about whether the cost-of-living crisis will ever end

By Isabella Mcrae

It feels like the cost-of-living crisis has lasted an age. Although inflation has now reached ‘normal’ levels, we have faced prices rising at rates not seen in decades while wages struggled to keep up. So is the cost-of-living crisis nearly over, and will prices ever come down?

Inflation fell to 2% in the year to May 2024, down ...

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