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What could inflation mean for you and your money?

Compare how your savings might grow compared to the rising prices of everyday items, i.e. inflation.

Check how rising prices affect your savings

Use this table to see the impact inflation can have on your savings. For example, something that cost £5,000 a year ago, would now cost £5,125. However, your savings would only have risen to £5,025.

So, your savings are potentially losing their value over time. In this example, £100 in just one year!

Select your account :

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Your savings with interest

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The price of things you could buy for that original amount (after inflation)

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Difference

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test

After 1 years

£5,025

£5,125

-£100

After 5 years

£5,126

£5,666

-£540

After 10 years

£5,126

£5,666

-£540

Based on an interest rate of 0.51%p.a. (2010-2019 Bank of England base rate) and inflation of 2.07% (2010-2019 CPIH inflation data from Office for National Statistics).