Yet critics point out that these methods are far from accurate. Official calculations of inflation look at the values of average shopping baskets using hundreds of items - not just Big Macs or sweets. Some of the staples of our childhood are being ruined before our eyes - and ruined well ahead of the rate of inflation.

Based on the Consumer Price Index (CPI) and CPIH (including housing costs) used for official inflation measurements, if a Freddo cost 10 pence in 1999 and the price rose in line with inflation then it would have cost Piero Sraffa was an Italian economist who spent decades working on the subject of inflation. During that time he survived two world wars, persecution for his work and received two threatening telegrams from the fascist Following fascism, a set of ideologies that advocates dictatorial power, political violence, suppression of opposition, traditional gender roles, and official racism. dictator Mussolini The fascist dictator of Italy from 1925 to 1945. himself - all with the aim of contributing to economic theory. It is impossible to say what he would have thought of the Freddo Index. The spiral chocolate bar - which took its name from the spiral like chocolate shape inside - was first launched in the north east of England by Cadbury in the 1980s. After proving to be exceptionally popular it was rolled out across the UK and became a firm favourite among chocolate fans. With Freddo prices not expected to hit 30p until after 2020 - even by the history of flagrant above-inflation prices rises - this is bad news. Unfortunately, as much as we’d like it to be true, Yahoo!’s story is correct in pointing out Freddonomics’ flaws.But these days the chocolate bar costs 25 pence (or 30 pence depending where you live in the country) meaning that Yahoo!, who based their story on the Full Fact investigation, is correct with their suggestion that the price has risen five times faster than inflation. Dream was a white chocolate bar made by Cadbury that was similar to Nestle's Milkybar. No longer manufactured in the UK you can still buy the Cadbury white chocolate bar in parts of Australia, New Zealand and South Africa. However at Christmas, a white chocolate advent calendar from Cadbury is often available to buy in England with the chunks behind the doors closely resembling the now outdated Dream. The Cabana is another bar with its own group appealing for its return If the price of a Mars Bar had remained consistent with inflation, we'd be sitting at a fairly bitesize 44p.

As frustrating as this is, it is worth remembering that it isn't just Freddos - and chocolate more generally - that have become casualties of the cost of living crisis. Prices have soared on hundreds of items at a time when most people can ill afford it. If you think that's bad, just be thankful we aren't Australian. As, whilst our bars may have grown in price and not size, theirs actually shrunk to an underwhelming 12g. Then again, this isn't exactly surprising behaviour from Cadbury, considering they recently shrank the size of its Dairy Milk sharing bars by 10 per cent - but did not reduce the price. A cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface.This is the Freddo Index, and it was used by Iddir to explain to people across Britain why she decided to join other teachers and go on strike When people refuse to work until their demands for changes have been met. .