Inflation as measured by the Retail Prices Index - which includes housing costs - fell to 5.0% in June, from 5.1% in May. The Consumer Prices Index also fell from 3.4% to 3.2%.
But how does this all affect you?
Your personal rate of inflation depends on how you spend your money and may not match the official rate of inflation. Use this calculator to get a much more accurate picture of how inflation affects you.
STEP 1. FILL IN YOUR DETAILS
How to fill in this section
Next to every category type the amount you spend on it per month. Use numbers but do not use £ sign. Leave 0 in any sections that do not apply to you.
Food - all food and non-alcoholic drinks consumed at home; not take aways. Meals out - include take aways, exclude alcoholic drinks. Alcohol - include all bought for consumption at home or away from home. Phone charges - include mobile phones and internet access. Clothing and footwear - exclude accessories. Fuel for transport - include lubricants. Rail and bus fares include tram/ tube fares, car hire, taxis. Other expenditure - include housekeeping, personal posessions - excluding electrical goods - and costs for professional, financial, household, health and beauty and entertainment services.
Your cost of living changes by
Compared to overall national inflation rate of 4.5% per year (October RPI figure)
Your inflation rate
National inflation rate
The calculator was developed by the Office for National Statistics (ONS). Information entered is safe as it stays on your computer.
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