This one graph shows the UK's inflation rollercoaster

Inflation for December was recorded at the government’s target of 2%, meaning a basket of goods which cost £100 in December 2012 would cost £102 in December 2013.

In the last 10 years, inflation has varied wildly – in fact, in just one year it fell from a whopping 5.2% to a tiny 1.1%. Take a look for yourself with our interactive graph.

 

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