Each month, the Office for National Statistics (ONS) publishes inflation data showing how much costs have changed over the past year. As everyone has slightly different shopping habits, your personal ...
The Big Mac index reveals inflation is underestimated; Big Mac prices have risen 163% since 2000, while official inflation is only 85%. Technological advancements and hedonic adjustments skew ...
Discover how the sacrifice ratio measures the cost of changing inflation on economic production and output, including its role in fiscal policy decisions.