September news brings a welcome sigh of relief due to the gradual decline in the annual inflation rate. This is helped by interest rates remaining unchanged for the first time since November 2021, reduced global prices of gas and oil and declining petrol prices. However, it does not mean that the current inflation rate is beneficial, and it does not undo the damage caused by the past year of economic hardship.

In fact, people are still battling higher than usual prices whilst trying to recover from the difficulties faced over the winter. Everyone is affected by price hikes, but studies on inflation inequality reveal that many are left to suffer more extreme impacts and are still in need of support, even if the general economic state of things is looking ‘brighter’.

For example, increases in food prices will affect those who have more mouths to feed. And this pressure inflates when it comes to heating more rooms in a home or trying to budget for other necessities.

On the other hand, drastic increases in petrol costs seen over the past few weeks may affect your long drive to work more than it will to those who travel by bus or walk.

During the back to school season, there are reports of children suffering from lack of sleep, lack of food and lack of sufficient resources. A striking image, painted in this Guardian article, speaks of children who have holey uniforms and shoes falling apart at the seams. It is quite different from the idealistic vision of returning to school with shiny shoes and a brand-new uniform. It does not reflect the positive narrative that at long last our country is returning to normal and signals that the cost-of-living crisis is here to stay.

The Cost-of-Living crisis impacts everyone differently, and those on lower incomes are likely to be impacted to a greater extent. Therefore, while the media is conveying optimistic reports of change, the reality is that this will take time to see evidence of recovery and the support available must be outlined for those who need it.

As a fuel poverty charity, Nottingham Energy Partnership offers a range of services such as food bank vouchers and discounts on water bills intended to provide support and help maximise the disposable incomes for low-income households. Call us today on 0115 985 3009 to see how we can help.