How to calculate your own inflation

Prices are increasing rapidly as inflation grows but how will it damage you and your wallet?

BBCNews.co.uk is trying to help you find the answer. By filling in this form created by the Office for National Statistics, you will be able to calculate your personal inflation rate. The more accurate you are with filling out your dates, the more accurate the result will clearly illustrate how inflation affects you.

Take our advice and fill in the form now. This way you can better understand your personal financial position and be prepared for the future.