Cost of living index

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The ONS' consumer price inflation bulletins measure the impact of changes to the price of goods and services bought by households on a monthly basis. We will provide an update in approximately three months from the date of publishing on progress against the strands of work outlined below, as well as any new priorities. This work plan is under constant review to take account of the nature of the evolving situation, and we will adapt it if new or urgent requirements emerge. This article outlines the analytical work we are undertaking related to the cost of living. Through the wide range of data we have available, and developments in how we gather and analyse it, we will continue to ensure our evidence provides clear insights and impacts of the rising cost of living. The Office for National Statistics (ONS) is committed to providing evidence and analysis to central government, devolved administrations and the public about the impact these factors are having across the population. For many, this has meant having to make decisions about how they spend their income, and how this affects their standard of living. This rise, which includes the cost of energy, has meant many UK citizens are seeing an impact on their cost of living. Consumer price inflation has continued to rise to its highest level in almost 30 years. Since late 2021, the UK has experienced several changes to contributory factors leading to rising costs for individuals and businesses.

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