Can a frog-shaped chocolate bar explain economics? So far this year, the UK has faced train strikes, nurse strikes, teacher strikes and more. Now, some workers are turning to Freddonomics to explain how even as wages rise, their pay is falling.
‘Freddo Index’ exposes cost of living crisis
Leap frog: The price of a Freddo chocolate bar has risen far beyond the rate of inflation. Glossary
Strike - When people refuse to work until their demands for changes have been met.
Inflation - An increase in the price of goods in an economy.
Retail price index - A measure of inflation published monthly in the UK.
Consumer Price Index - A measure in inflation, tracking how much a basket of goods would cost you over time.