Poor Feel Inflation Pain More - Inflation Statistics | Fiscal Studies -
UK Wide Debt Advice Charity
Call us at 0800 085 0226
E-mail: contact@debtsupporttrust.org.uk

Poor Feel Inflation Pain More

Poor Feel Inflation Pain More

A new report by the Institute for Fiscal Studies has found that the poorest fifth househ olds have seen an annual increase in inflation of 4.3% between 2008- 2010.Statistics

 

The table above (taken from the report) shows the correlation between income and inflation. The statistics show that the higher the income, the lower the effect of inflation.

The report found that, "Pensioners, and in particular those dependant on state benefits, experienced higher rates of inflation than non-pensioners"

 

Debt Support Trust is a registered debt advice charity (SC041902) providing debt advice on a range of debt solutions including;

Benefits Advice

General Debt Advice

Individual Voluntary Agreement (IVA)

Protected Trust Deed

Refinance

Bankruptcy

Post a comment