No it won't but will push demand down even further and force more to save whatever they have left (and people have spare cash, it's not all doom and gloom, just go out shopping on a weekend). They are not going hardcore like some countries which are currently at above 5%, if they sat on their asses they'd be getting it from the "you're not doing anything" crowd.
Besides, core inflation is at above 6% and rising, whilst headline is 10%.
Besides, core inflation is at above 6% and rising, whilst headline is 10%.
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