How much are you, specifically, affected by inflation in dollar amounts? It depends on what you're spending and where. Here's how to calculate your personal inflation rate.
To figure out how much inflation is actually impacting your wallet depends on how much you are spending and where you're spending it. You need to calculate your own personal inflation rate. Here's how to do it:Gather your credit card bills and bank statements to find the exact amounts that you spent in each category.Then subtract your total spending for April 2021 from April 2022.The result of that equation is your personal inflation rate.
Depending on your income, the impact of your personal inflation rate may feel better — or worse — on your wallet than the latest CPI number.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Wholesale Inflation Rose 11% in April as Producer Prices Keep AcceleratingProducer prices were expected to increase 0.5% in April, according to economists surveyed by Dow Jones.
Les mer »
April inflation breakdown: Where are prices rising the fastest?American households are confronting the steepest inflation in a generation, paying more for everything from cars to food to rent as soaring prices eat away at most workers' wage gains.
Les mer »
US: Annual PPI falls to 11.0% in April vs. 10.7% expectedThe annual rate of US Producer Price Inflation (PPI) fell to 1..0% in April, above expectations for a fall to 10.7% from 11.2% in March, data released
Les mer »