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Inflation calculator: check how much price rises affect you

INFLATION has been steadily falling but that doesn’t mean prices are dropping too.

There are a number of online calculators that can give you a rough idea of just how much price rises may affect you.

It comes as inflation fell again to 6.8% in the year to July, according to the Office of National Statistics (ONS).

The consumer price index (CPI) measure of inflation fell from 7.9% in June.

It means prices are still rising but at a slower rate than before.

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