Inflation is still too high in protected sectors
Rising prices have not been talked about much so far during this election campaign. And that makes this election different from others.
Over the decades, inflation was a stick with which opposition parties beat incumbents. In the Seventies and Eighties - the decades of very high inflation - it was among the hottest topics on the doorsteps.
There are fewer complaints about the galloping cost of living now because inflation has been next to non-existent for so long - partly reflecting domestic factors, but mostly as a result of international deflationary trends.