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Category: Inflation

Inflation, debt and income

July 3, 2018

Inflation, debt and income all impact the family budget.  The cost of living, based on a basket of 1953 goods (which is vastly divergent from what one might expect in 2018), increased by a mere 1.32% between 2016 and 2017. Over the same period the use of debt (credit) increased by nearly 5%. Incomes increased […]