How is inflation affecting your household costs?
24 March 2022
Inflation is a measure of how prices of goods and services are changing in the UK, and it can have a big impact on people’s household finances.
Some goods contribute more to the overall inflation rate than others – if some products see a large increase in prices, while others stay more stable, then inflation would be driven by the changing prices in that spending category.
So, how the headline inflation rate affects your household depends on which products you tend to spend your money on. This calculator estimates a personal inflation rate for your household.