Inflation Calculator Notes

  • What is Inflation?

    Inflation is the rate at which the general price level of goods and services rises, causing purchasing power to fall over time.

  • Historical UK Inflation

    • 2020s average: 2-6%
    • 2010s average: 1.5-2%
    • 2000s peak: 4-5%
    • 1970s peak: 20%+

  • Formulas

    Future Value = Amount × (1 + Inflation Rate)Years

    Real Value = Future Value / (1 + Inflation Rate)Years