Underlying inflation, which excludes volatile energy and food prices, rose slightly to 2.6 per cent over 12 months, compared with 2.5 per cent recorded a month earlier. The figure shows that inflationary pressure extends beyond supermarket products.
Inflation also manifests itself in rental prices and utilities, sectors that have a significant impact on household budgets. These categories reflect deeper economic tensions than simple fluctuations in basic product prices.
Behind a product like bread lies an entire production chain whose costs influence its final value. Controlling inflation requires understanding how multiple factors in the production and distribution chain affect the cost of living for families.
