Inflation calculator: find out how much UK household price rises affect you

This online tool will help you discover what is contributing to your household’s cost of living increases

Inflation is soaring in the UK as people are hit by higher prices for everyday essentials.

Now in double digits, the latest inflation rate for the 12 months to December 2022 means that goods and services cost over 10.5% more than they did a year ago – in most cases, surpassing any pay rises workers can expect to receive.