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

January 18, 2024 • 00:08:01

Falling Trend Hours Worked May Signal Interest Rate Peak!

Economists got a surprise today as employment fell 65,100 in the month, compared with an average expected rise of 15,000, as hours worked and...

Episode 0

September 18, 2023 • 01:02:14

Its Edwin's Monday Evening Property Rant!

Another tour of the recent news, as some prices are moving higher, driven by high demand and poor supply. But according to our property...

Episode 0

May 24, 2021 • 00:50:18

Its Edwin’s Monday Evening Property Rant! [Podcast]

Edwin was back in the warm tonight, but still buying the crypto dip, in our normal Monday evening chat. https://www.ribbonproperty.com.au/ Go to the Walk...