Sky News article wrongly claims falling inflation figures mean decline in checkout costs - Full Fact

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Sky News article wrongly claims falling inflation figures mean decline in checkout costs - Full Fact
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A now-corrected Sky News article claimed falling grocery inflation has led to a “decline” in checkout costs. It’s a common misconception that falling inflation means prices get cheaper. In reality, prices are increasing, but less quickly than previously.

today with the headline “Supermarket deals drive down cost of groceries for fourth month in a row” claimed that recently published data shows “the steepest decline in checkout costs during the four weeks to 9 July since grocery inflation peaked in March.”, after Full Fact contacted Sky News to point out that its headline was misleading, as it suggested that the data in question shows that grocery prices have fallen.

But this is not the same as saying grocery prices have actually fallen, as the Sky News article previously appeared to suggest.has found that this is a common misconception when it comes to understanding inflation. It’s therefore important that news publications ensure their reporting of inflation statistics is accurate to avoid causing confusion.

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