{"id":14262,"date":"2022-10-22T16:45:22","date_gmt":"2022-10-22T16:45:22","guid":{"rendered":"https:\/\/fusefornews.com\/2022\/10\/22\/what-is-the-uk-inflation-rate-and-why-is-the-cost-of-living-rising\/"},"modified":"2022-10-22T16:45:22","modified_gmt":"2022-10-22T16:45:22","slug":"what-is-the-uk-inflation-rate-and-why-is-the-cost-of-living-rising","status":"publish","type":"post","link":"https:\/\/fusefornews.com\/?p=14262","title":{"rendered":"What is the UK inflation rate and why is the cost of living rising?"},"content":{"rendered":"

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\"Money\"<\/picture><\/span><\/div>\n<\/figure>\n<\/div>\n
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The cost of living is increasing again at its fastest rate in 40 years.<\/b><\/p>\n<\/div>\n<\/div>\n

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The rising prices of food and energy are the main causes.<\/p>\n<\/div>\n<\/div>\n

What does inflation mean?<\/span><\/h2>\n<\/p>\n
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Inflation is the increase in the price of something over time. <\/p>\n<\/div>\n<\/div>\n

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For example, if a bottle of milk costs \u00a31 and it goes up to \u00a31.05 a year later, then milk inflation is 5%. <\/p>\n<\/div>\n<\/div>\n

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