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Then how can it be only 9%? My gas price has increased by 200% in the last few months. In August, my electricity is going up 400%. Petrol alone has gone up by a
by gambiting 4y ago
Then how can it be only 9%? My gas price has increased by 200% in the last few months. In August, my electricity is going up 400%. Petrol alone has gone up by about 50% compared to few months back.
Sure bread is still roughly the same as it was. But living costs have absolutely exploded recently, and far far beyond the 9% indicated.
- rwmj 4y agoYou can calculate your personal inflation rate although you need to start by tracking your expenditures: https://monevator.com/personal-inflation-rate/ https://monevator.com/personal-inflation-rate/
- nerdponx 4y agoBecause headline inflation is not equivalent to "% change in cost of living", and the media should stop reporting it as such.
- gruez 4y ago>My gas price has increased by 200% in the last few months That seems... unlikely. https://www.globalpetrolprices.com/United-Kingdom/gasoline_prices/ https://www.globalpetrolprices.com/United-Kingdom/gasoline_p... At best it doubled, but that's not the same as "increased by 200%", which implies it tripled.
- gambiting 4y agoI was paying 3p/kWh of gas, now I'm paying 9p/kWh. Also I understand the confusion, but "gas" in UK means heating gas, gasoline is called petrol.
- fleddr 4y agoIf you have relatively stable expenses, you can calculate your own inflation just by comparing year to year. Historically for me real inflation is the formal EU number + 2%. So that means that they're usually about a 100% off as inflation has been low for a long time, until now.