In July, inflation hit double figures for the first time in 40 years.
Triggered in large part due to the war in Ukraine which has resulted in soaring gas and food prices, the current rate of 10.1% is hitting people’s pockets and savings.
However, inflation can affect households differently, depending on how you typically spend your money.
The Office for National Statistics (ONS) has produced a personal inflation calculator to help households determine how much the current situation will impact them.
Metro readers can use it below to see which areas of spending are increasing the most.
Inflation calculator
Source: Read Full Article
