MINI CASE 8.2
The Office of National Statistics have a calculator which allows you to check your own, personal, inflation rate. This is accessed via the home page of ONS ('Guidance & methodology' → 'Interactive content' → 'Personal inflation calculator') You need to put in figures for the main expenditure categories, as you can see in the web page below, and the calculator will work out your inflation rate and make comparisons with the national figures.
Think of the ways in which this might be useful to you. Try putting in figures which relate to full-time students and see whether the inflation rate is above or below the national figure.
Source: www.ons.gov.uk Office for National Statistics licensed under the Open Government Licence v.1.0.
