Tag Archives: CPI

Inflation update and the fall in real wages

Posted on December 14, 2022 by Paul Evans

The November inflation figures have just been published by the Office for National Statistics (ONS). CPI is now running at 10.7% with RPI also down slightly at 14%. All the forecasts have been suggesting that it will level off at … Continue reading →

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Inflation update – August 2022 figures

Posted on September 15, 2022 by Paul Evans

A pleasant surprise came with the August 2022 inflation figures. CPI was down the 9.9% with the annual RPI inflation rate staying level at 12.3%. CPIH is also slightly down at 8.6%. Most forecasters were expecting further increases. Last month, … Continue reading →

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Inflation update

Posted on July 21, 2022 by Paul Evans

None of this should be much of a surprise now. June’s figures are out and the figures are 11.8% (RPI), 9.4% (CPI), and 8.2% (CPIH). Remember, all wages that don’t keep pace with inflation result in short-term falls in standards … Continue reading →

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How to calculate inflation between two dates.

Posted on March 29, 2022 by Paul Evans

Imagine you wanted to work out what an inflation-rate increase between two dates is? Here’s an outline that I’ve drafted with extensive help from Nick Kardahji in the Prospect research team. Say you are preparing a pay claim for some … Continue reading →

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Getting the current cost-of-living crisis in perspective

Posted on March 24, 2022 by Paul Evans

How can we understand the current cost of living crisis in perspective when talking to Bectu members about their wages? One way would be to look at it over a few years. In the past few days, coincidentally, I’ve had … Continue reading →

Posted in Economics, Freelance working, Inflation, Low pay, Pay & inflation, Wages and Pay-rates, Wealth inequality, Welfare and benefits | Tagged , , | 1 Comment