Retail inflation, as measured by way of the Client Worth Index (CPI), grew at 4.35% in September 2021. Between Might and September, inflation has come down by way of 195 foundation issues. One foundation level is a centesimal of a share level. Whilst that’s reason why for cheer, a disaggregated research displays that the real inflation image is reasonably extra sophisticated than what the headline numbers recommend. Listed below are 4 charts which provide an explanation for this.