Inflation to Drop to Lowest Level in Two Years

Inflation to Drop to Lowest Level in Two Years

Assessment

Interactive Video

Business

University

Hard

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The Beaumont family from Worksop is on a budget holiday in Scarborough, highlighting the impact of inflation on everyday life. Despite falling inflation, the cost of living remains high, affecting activities like bowling and arcade games. Inflation is measured through various components, including food costs and the price of a burger. Economic activities in Scarborough, such as donkey rides, continue despite inflation concerns. Fuel costs are a significant factor affecting local businesses and the economy. The Beaumonts find little relief in lower inflation as costs remain high.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges is the Beaumont family facing during their holiday in Scarborough?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the activities tracked by officials to measure inflation?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Dad Ian feel about the impact of falling inflation on their situation?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the Bank of England's target for inflation, and how did it perform last year?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways do the rising costs affect the spending habits of the Beaumont family?

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