109 reactions · 32 shares | Inflation for who?  Petrol? Up. Bread? Up. Fish & Chips at OB? Down to R30! But just for ONE day. This 16 July, we’re throwing it back to say thanks for 30 delicious years. Hurry in, we can’t wait to celebrate with you!  | Ocean Basket | Facebook
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109 reactions · 32 shares | Inflation for who?  Petrol? Up. Bread? Up…
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FacebookOcean Basket
We’ve revealed the changes to our inflation basket of goods and services for 2024 🛒 A virtual basket containing over 700 carefully selected items representing the goods and services that people typically spend their money on 👛 This year, we see: 🎵 the return of an old favourite last seen in the basket in 1992 🍗 the must-have kitchen gadget has been added 🖐️ a staple of the #Covid19 pandemic removed from the basket Watch our video to see which items are “in” and “out” this year 👇 Read our n
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We’ve revealed the changes to our inflation basket of goods and serv…
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FacebookOffice for National Statistics
What Is Core Inflation?
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4 months ago
investopedia.com
💡 What is inflation? Inflation measures how much the cost of living rises over time. To calculate it, statisticians track the prices of a basket of goods and services — exactly 752 everyday items, from food and fuel to clothes and haircuts. They measure how much this basket costs compared with a year ago. If prices rise by 3.8%, that’s the official inflation rate — meaning, on average, everything costs 3.8% more than it did last year. 🧾 Real-world example — Council tax in Brighton My council t
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💡 What is inflation? Inflation measures how much the cost of li…
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