How to use this
chart: Find a point on
the chart corresponding in height to the price
multiplication factor,and in horizontal position to the number
of elapsed years. The nearest sloping line shows the
average annual inflation. Values between lines can be
estimated.
Examples: If something has increased in price from £1 to £4 (4 times) in 35 years, its inflation rate is 4%. A price increase of 100 times over 60 years (at the extremity of the chart) corresponds to an inflation rate of 8%. (For those who remember prices of 60 years ago, this may be typical).
Predicting trends: If you know the annual percentage rise of your pension (or other income), and that of your bills for fuel water and rates (or council tax), you can use the chart to predict how all these items are likely to rise in the future. The result can be frightening.
Examples: If something has increased in price from £1 to £4 (4 times) in 35 years, its inflation rate is 4%. A price increase of 100 times over 60 years (at the extremity of the chart) corresponds to an inflation rate of 8%. (For those who remember prices of 60 years ago, this may be typical).
Predicting trends: If you know the annual percentage rise of your pension (or other income), and that of your bills for fuel water and rates (or council tax), you can use the chart to predict how all these items are likely to rise in the future. The result can be frightening.
For more information
please email: info@justiceforpensioners.com
Back to home page Back to main menu
Back to home page Back to main menu