Stats on Other key Indicators Flashcards
1
Q
What did minimum wage rise to in April 2022 for 23+ year olds
A
Rose to £9.50 an hour
6.6% increase
2
Q
Most international commodity prices are priced in dollars
What is the current exchange rate from the Pound-to-dollar
A
£1-$1.20
3
Q
What is the exchange rate of the Pound-to-Euro
A
£1-€1.20
4
Q
Cost of Living Crisis: How much has the World price of Crude Oil rose
A
Up to above $130 a barrel
This in turn has has impacts on glass and electricity prices
5
Q
AG inflation - food price inflation
What was the FAO global food price index in 2021
A
140.7
Impacted by Russia attacking Urkraine
