Next UK government to benefit from easing inflation and fuel prices

Britain's next government set to benefit from reduced pressure on household finances as shop price inflation slows to 0.2% and petrol costs drop. Despite some relief, families still find costs 'too expensive.'

RAC reported UK shop price inflation at 0.2%, slowest since October 2021. Retailers cut prices on products like butter and coffee. Petrol and diesel prices fell for the second month in a row, but filling up remains 'too expensive.'

Average petrol price in the UK dropped to under 145p/litre and diesel to about 150p. However, prices in Northern Ireland were notably lower, with petrol 4.5p/l cheaper and diesel 8p cheaper than the rest of the UK.

RAC's head of policy mentioned that despite lower petrol prices in the UK, drivers feel they are getting a 'raw deal' compared to Northern Ireland. Some forecourts, like Shell and BP, were noted as the most expensive with fuel priced differently.

Read at Business Matters