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The Research Centre covers a vast array of data, providing proactive information and comment on a huge range of statistics every single month. The economists examine the drivers of economies and investment markets in their effort to spot developing trends early on. In addition, the Research Centre releases in-depth, valued-added reports and analysis on macroeconomic developments to a wider audience, from the "Financial Reality Index", which gauges consumer's real financial well-being, to analysis on the relationship between Inflation and Age.

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Elderly still face highest rate of inflation

This month’s official inflation report showed that the headline rate of inflation fell from 2.2% to 2.1%. Alliance Trust’s monthly study of inflation rates affecting different age groups found that four out of five age groups saw their inflation rate fall over the month. However, it is still the over 75s who face the highest rate of inflation, at 2.2%, despite a fall from 2.5%. This age group has been hit the hardest because it spends a larger share of its budget on household energy. Gas price inflation is running at 6.3% and electricity inflation at 6.7%. Gas and electricity price inflation eased in November, despite the much publicised price hikes and this is because prices were also increased in November 2012 which affected the year on year rate of growth.

It is now the 65 to 74 year olds who are experiencing the lowest rate of inflation, at 1.6%, the lowest level for this age group since September 2009. The fall in November was due to a combination of lower inflation in food, petrol and package holidays. For example, food price inflation fell from 4.3% to 3% in November and this is an area of relatively large expenditure for this age group.

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Latest Publications

Global Economic View - October 2013

Inflation alert - August 2013

Global Economic View - July 2013

UK Financial Reality Index – Q1 2013


Press Releases


Elderly Suffer Highest Rate of Inflation Once Again

UK Financial Reality Index - Q4 2012


Elderly Continue To Suffer Highest Rate Of Inflation

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