People in the city are spending increasing amounts on petrol, groceries and energy
The average Nottingham worker is almost £100 a month poorer than last year according to new research from a campaign group. With inflation having risen for much of the year, people in the city are spending increasing amounts on petrol, groceries and energy.
The centre has been running a cost of living tracker across the country and in its latest update on December 14, the centre's research shows that inflation in Nottingham was 11.4% in November. The think tank uses data from sources including HMRC and the ONS, with its latest update also showing that the average Nottingham worker was £99 a month worse off in October 2022 than the previous year.
Between the third quarter of 2021 and the third quarter of this year, the Centre for Cities says that the average person in Nottingham was spending around £17 more on petrol, around £8 more on groceries and around £56 more on energy. In a report on the cost of living published in July, the Centre for Cities said there was a North-South divide in how it was affecting the UK.
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