Inflation-driven Decline in Average age in the UK

Inflation-driven Decline in Average Age in the UK

Forecasts of a rapid fall in UK inflation this year were over-optimistic.

Inflation in the UK has not only affected people's standard of living but also reduced the average life expectancy. The overall mortality rate may increase by up to 6.5%. Inflation in the UK has not only affected people's daily lives but also reduced the average age. A study published in the British health research journal BMJ predicts that inflation could increase the death rate in the UK by up to 6.5% for people aged 75 and over. There are more. According to the report, due to inflation, low-income people are spending a large portion of their income on daily necessities and energy.

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The effects of inflation in Scotland

The researchers also studied the impact of inflation and the resulting average death rate in Scotland during the years 2022 and 2023. Research has shown that low-income or poor people are the most affected due to inflation. The report also states that due to inflation, the mortality of people living in the most deprived areas deprived of basic needs may increase by 23%, while the mortality of people living in less deprived areas may increase by 5%. The overall death rate may increase up to 6.5%.

Economy and human health

Researchers say that the economy is closely related to the health of individuals. Rising inflation and low incomes are expected to increase the number of deaths, which could lead to further social divisions. They can save people from the negative effects, which are affecting their health due to inflation. Moreover, it is not possible to stop the growing social division by following these policies.

Cause of Inflation in the UK

In August of this year, the rate of inflation in the United Kingdom was 6.7 percent, which was lower than in the past several months, but this rate of inflation is the highest among the G7 countries. Reasons for inflation include the coronavirus, Brexit, and the ongoing war in Ukraine.

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