that is because interest rates have not yet risen enough to have any impact on inflation.
interest rates may yet need to rise another full 1% yet before that really happens.
Also, keep in mind, it takes about 6 months (maybe even a little longer) for an interest rate rise to have its affect on the economy - its not at all an instant thing.
So for example, if for instance the required rate to curb inflation is 10%, and we reach that by April, you won't really notice prices falling much until around October at the earliest - and even then thats approaching the christmas period in which there is a natural increase in demand anyway.
these things take time - macroeconomic changes always do.
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