Are Pay Rises Chasing Inflation Higher?

Digital Finance Analytics (DFA) Blog

Sep 25 2023 | 00:08:19

00:00 / 00:08:19

Show Notes

In the UK, Annual growth in regular pay (excluding bonuses) is the highest we have seen since comparable records began in 2001. The Office for National statistics said In May to July 2023, annual growth in regular pay (excluding bonuses) was 7.8%, the same as the previous three-month period and the highest regular annual growth rate since comparable records began in 2001. Annual growth in employees’ average total pay (including bonuses) was 8.5% in May to July 2023; this total growth rate is affected by the NHS and civil service one-off payments made in June and July 2023. But we […]

Other Episodes

Episode 0

November 19, 2021 • 00:14:50

The RBA’s Crypto Warning... [Podcast]

The RBA’s head of payments, Tony Richards, said the value of many cryptocurrencies, which have surged to $US2.6 trillion, could crash when central banks...

Episode 0

April 16, 2022 • 00:16:16

The Bank Of Mum And Dad Is Getting Strangled! [Podcast]

We examine the role of the Bank of Mum and Dad, in the light of the latest data. As well as highlighting inter-generational issues,...

Episode

November 17, 2024 • 00:56:01

Has The Bad MAD Misinformation Bill Hit The Buffers?

This is an update on the Misinformation and Disinformation Bill currently in progress in the Australian parliament. It looks like the Senate will not...