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March 2022

A guide to rising inflation in 2022

By | Financial Planning | No Comments

You have likely noticed that prices are going up in 2022. At some supermarkets, for instance, the cost of pasta and tinned tomatoes has risen by as much as 41% compared to a year ago. The average price for standard range spaghetti in 2021 was 51p, whilst now it stands closer to 72p. Inflation – i.e. the overall rise in prices for goods and services in an economy…

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