• This website sets cookies on your device. To find out more about how we use cookies please refer to our Privacy and Cookie Policy. By continuing to use the site, we’ll assume that you are content for us to set these on your device.
  • Close
Home > Education and Museum > Inflation Tools
 

Inflation Tools

A key part of the work of the Bank is to set monetary policy to keep inflation low and in line with the Government's inflation target of 2%. But why does inflation matter? What causes it? And how is it controlled?

The Bank offers a range of engaging tools that can be used to explore inflation and answer many of the questions you might have. Click on the images below to launch the inflation tools. 

The Monetary Policy Balloon Quantitative easing - How it works
The Monetary Policy Balloon gives you the chance to set interest rates to control inflation.
Your job is to keep the balloon flying steadily, just like the Bank's Monetary Policy Committee tries to keep inflation at
the 2% target.

 

'Quantitative Easing - How it Works' is a short animated film to help you learn more about Quantitative Easing. If interest rates are almost at zero, the Bank can inject money directly into the economy. ​

Inflation Calculator
The Inflation Chart
The Inflation Calculator shows how the cost of goods and services has changed since 1750.

The Inflation Chart picks out a dozen key episodes in the history of inflation.​
The Inflation Map
The Prices Machine

The Inflation Map explores the difficulties that inflation has caused in countries around the world. ​ With the Prices Machine you can see how the cost of a selection of everyday goods and services has changed since 1955.​
 

 

Share
More