Inflation hits my daily cuppa

Like millions of others I enjoy my daily cup of tea at work, in fact I enjoy it so much I have one in the morning and another in the afternoon. Last week I could get a cup of tea for 30p from our staff canteen, however this week the dreaded inflationary price increases come into force adding an extra penny onto every cup of tea.

During the 228 days per year I spend at work, I drink my way through 456 cups of tea, so now thanks to inflation I am now £4.56 per year worse off. So forget your RPI and CPI measures of inflation, the true rate of inflation is 3.3% based on my cup of tea!