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Every month there's a new figure for inflation - it estimates how much prices are rising across all the goods and services in the economy. In the 12 months to September 2023 the figure was 6.7%.
This template defaults to calculating the inflation of Consumer Price Index values: staples, workers' rent, small service bills (doctor's costs, train tickets). For inflating capital expenses, government expenses, or the personal wealth and expenditure of the rich, the US-GDP or UK-GDP indexes should be used, which calculate inflation based on the gross domestic product (GDP) for the United ...
Use our calculator to find out how much the cost of living is going up in your household.
Provides a standard way of indicating the "current" year of the inflated prices calculated by the Inflation template. This template is relied upon by the Inflation template, but can also be called directly in articles needing to specify the currently most recent year for which inflation is calculated for a given index. See the Inflation template for usage examples. Template parameters [Edit ...
Inflation falls slightly, from 10.1% the previous month to 9.9%. Food price inflation continues to be rapid, reaching a 14-year high of 13.1%, but is outweighed in the annual index by a drop in the cost of motor fuels. [488] 16 September King Charles and Queen Camilla visit Cardiff for a service at Llandaff Cathedral.
As of October 2022, inflation is at 7.7% compared to a year prior, with food, airline fares, public transportation, health insurance and gasoline seeing some of the largest price increases. But ...
Annual inflation increased to 8.3% in August 2022, in part due to rising grocery prices. [154] In September, the Fed increased the interest for a fifth time in the year reaching a 14-year high. [155] In November 2022, the year-over-year inflation rate was 7.1%, the lowest it has been since December 2021 but still much higher than average. [156]
This sub-template returns the associated country's CPI for a specific year. It's used by {{Inflation/doc}} for calculating the inflation rate between two given years, which in turn is used by {} to calculate inflated values. It usually isn't meant to be called directly.