Claim: Families could suffer a £2,000-a-year average hit from the cost of living crisis.
Fact-check: Mirror's claim that households will be £2,000 a year poorer overstates impact of inflation - Full Fact
Verdict: this figure is based on a calculation which overstates the impact of inflation, by factoring in both how much prices will rise and how much 'real wages'—which already allow for inflation—will fall.
Organisation: Full Fact
Author: Abbas Panjwani
Date published: 2022-02-10T00:00:00