Squeeze on family income
Wednesday, June 08, 2011
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Food prices have hit a two year high putting a big strain on family incomes. I have certainly noticed in the past 6 months my weekly food bill is rising almost week by week, even though I am buying the same things!
With the price of petrol, insurance and energy also rising alongside wage freezes in some sectors, families are facing a very tough balancing act.
The information above could make a great start for an ongoing inflation project. You could give individual pupils particular supermarkets/local shops and a list of items the average family would buy in a week. They then need to visit the shop each month and put their findings into a table. After several months comparisons could be made both across the different shops and as to what is happening to prices.
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