We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Inflation
DPR87
Posts: 68 Forumite
Hi folks, this may be a silly question but what is the most reliable way of seeing at what percentage inflation is currently at?
New to saving and investing and would like to know what % I need to aim to beat.
Thanks
New to saving and investing and would like to know what % I need to aim to beat.
Thanks
0
Comments
-
ONS shows detailed stats, including this useful summary :https://www.ons.gov.uk/economy/inflationandpriceindices/timeseries/l55o/mm23Select frequency: year and table view:
5 -
As above, there are published indices (and a selection to choose from), but the most reliable measure is your own personal inflation, so monitor your own expenditure closely!DPR87 said:Hi folks, this may be a silly question but what is the most reliable way of seeing at what percentage inflation is currently at?
New to saving and investing and would like to know what % I need to aim to beat.1 -
Going forward most people use somewhere between 2 and 3 % in their calculations , although it could be different of course .1
-
-
Thanks everyone. Very informative0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.5K Work, Benefits & Business
- 602.8K Mortgages, Homes & Bills
- 178K Life & Family
- 260.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
