Price rises slowed last month across a range of everyday groceries, including cheese, pasta and breakfast cereals, which helped the UK’s overall rate of inflation drop to its lowest level since May.

Explore the effects of cost-push and demand-pull inflation on supply, demand, and prices. Learn the causes and key differences to better understand economic impacts.

Wage push inflation is a general increase in the cost of goods that is preceded by and results from an increase in wages. Even higher wages are then needed to compensate.