Comment on UK wages grow at record rate

<- View Parent
uberrice@feddit.de ⁨10⁩ ⁨months⁩ ago

You know. I’m Swiss, so a lot of this inflation is very evident to me.

In 2022, 1 CHF was around 0.8GBP. Now, in 2023, 1 CHF is around 0.9GBP.

Guess what, that 8% pay rise was lower than inflation. 8% on top of 0.8 is only 0.864.

Without any more pay in Switzerland, I got an effective raise higher than these ‘great’ 8% in GB

source
Sort:hotnewtop