Is the cost of living crisis over? | Ed Conway analysis

Talk to economists and they will tell you that the cost of living crisis is over. They will point towards charts showing that while inflation is still above the Bank of England’s 2 per cent target, it has come down considerably in recent years, and is now “only” hovering between 3% and 4%. So why does the cost of living still feel like such a pressing issue for so many households? The short answer is because, depending on how you define it, it never ended. Sky's economics & data editor, Ed Conway investigates. Read more: https://news.sky.com/story/uk-economy-shrinks-for-second-month-in-a-row-13395239 #money #edconway #finance #economy #uknews #skynews SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales