I think one thing to remember is the following: > The Office for National Statistics (ONS) said it was hitting poorer households hardest, as they spent around

I think one thing to remember is the following: > The Office for National Statistics (ONS) said it was hitting poorer households hardest, as they spent around half of their income on food and energy, compared to about a third for those on middle incomes. The branded foods that middle-income families eat would likely try to absorb as much of the inflation as possible. It's the "no-brand" food that will rise in cost the most, the food that the poorest families eat. For example, Tesco (a popular supermarket in the UK) used to have a brand named "Tesco value" which would sell very cheap items, even at a loss sometimes. See the following examples: https://youtube.com/watch?v=wZCcuiS0his https://youtube.com/watch?v=wZCcuiS0his This brand has since been wiped out almost entirely, replaced with "Stockwell", a much more expensive alternative. There is no longer any 'cheap' alternative. You used to be able to buy a tin of beans for 9p about 10 years ago, in the shop the other day I couldn't find any less than 40p. This wouldn't be a problem if wages also raised at the same rate, but they have been locked as they are in most Countries. The only time we see the wages raise is when then minimum wage legal requirement increases. But this problem is much worse. The government will increase the payments to the non-working due to the increased cost of living, but as a result they will also increase taxes on those who do work. The increased taxes will move even more families into poverty. You have families where both parents work reasonable jobs above minimal wage, barely paying their bills. Not to worry though, the ONS are going to redefine troublesome terms such as 'growth' [1] and 'recession' [2]. [1] https://blog.ons.gov.uk/2022/11/11/inclusive-measures-of-growth-how-ons-is-moving-beyond-gdp/ https://blog.ons.gov.uk/2022/11/11/inclusive-measures-of-gro... [2] https://blog.ons.gov.uk/2022/11/11/uncertainty-and-the-r-word-what-exactly-is-a-recession/ https://blog.ons.gov.uk/2022/11/11/uncertainty-and-the-r-wor...