Personal Inflation Calculator
Here’s the link to the Office of National Statistics new Personal Inflation Calculator that was widely covered in the weekend press. Not that we can get it to work, and we have no idea what an SVG file is, or how to download one. But it’s a great idea. Let us know if you can get it working and whether your personal inflation rate is above the national average (likely if you like to eat out a lot and send your kids to public school) or below it (if you have a shoe buying addiction and are looking for a flat screen TV). Incidently, for all the talk of higher council taxes feeding through into inflation, my local council, Hammersmith & Fulham, has just announced a fall in bills of 3% for the next fiscal year (the first fall in over a decade), so it’s not all one way.
The value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested. Past performance is not a guide to future performance.
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