Well Food is still going up. Petrol is sneaking up again. Our Electricity & Gas prices are capped for a year and maybe Electric will not go up too much this spring. Seems to me that essential items are actually going up. No wonder the MPC and Governments actions are not working. The reality is surely that we have to get used to more of our household budgets getting squeezed as essentials go up, that we cannot afford the discretionary things like new cars etc. So those who work in supply discretionary items are going to feel the pressure and possibly loose their jobs. Low interest rates may help those with large Mortgages but again its essentials that will go up in price. Low interest rate also effects the exchange rate which again pushes up essential items.