{"id":16409,"date":"2023-03-23T13:57:52","date_gmt":"2023-03-23T13:57:52","guid":{"rendered":"https:\/\/kede.com.br\/news\/what-is-the-uk-inflation-rate-and-why-is-the-cost-of-living-rising\/"},"modified":"2023-03-23T13:57:53","modified_gmt":"2023-03-23T13:57:53","slug":"what-is-the-uk-inflation-rate-and-why-is-the-cost-of-living-rising","status":"publish","type":"post","link":"https:\/\/kede.com.br\/news\/what-is-the-uk-inflation-rate-and-why-is-the-cost-of-living-rising\/","title":{"rendered":"What is the UK inflation rate and why is the cost of living rising?"},"content":{"rendered":"


\n<\/p>\n

\n
\n
\n
\n
<\/picture><\/span><\/div>\n<\/figure>\n<\/div>\n
\n
\n

The rate at which prices are rising has unexpectedly gone up, after falling for three months in a row. <\/b><\/p>\n<\/div>\n<\/div>\n

\n
\n

Shortages of salad and other vegetables helped push food prices to a 45-year high. <\/p>\n<\/div>\n<\/div>\n

What does inflation mean?<\/span><\/h2>\n<\/p>\n
\n
\n

Inflation is the increase in the price of something over time. <\/p>\n<\/div>\n<\/div>\n

\n
\n

If a bottle of milk costs \u00a31 but \u00a31.05 a year later, then annual milk inflation is 5%. <\/p>\n<\/div>\n<\/div>\n

How is the UK’s inflation rate measured?<\/span><\/h2>\n<\/p>\n
\n
\n

To come up with an inflation figure, the Office for National Statistics (ONS) keeps track of the prices of hundreds of everyday items in an imaginary “basket of goods”<\/a>.<\/p>\n<\/div>\n<\/div>\n

\n
\n

Each month’s inflation figure shows how much these prices have risen since the same date last year. <\/p>\n<\/div>\n<\/div>\n

\n
\n

You can calculate inflation in various ways, but the main measure is the Consumer Prices Index (CPI). <\/p>\n<\/div>\n<\/div>\n

\n
\n