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Transcripts for BBCNEWS BBC News Now 20240604 12:46:00

that would be nice, wouldn t it, because we are all under pressure, some families more than others. but the challenge isjust some families more than others. but the challenge is just because inflation comes down, it doesn t necessarily mean that prices are going to come down. inflation is the rate at which prices are increasing. evenif rate at which prices are increasing. even if inflation is down at the bank of england target rate at 2%, that still means that prices will be 2p higher then they are today or rather that prices today are 2p higher in the pound than they were a year ago because inflation measures prices as they are now compared to the past. the tesco ceo has said that he feels there are certain pressures that mean prices will not fall particularly quickly. some of the reasons for that is that they still have higher prices to pay, in terms of supply chain challenges. and also in terms of wages. wages are much higher now than they were a year ago. are much higher now than t

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