Tag Archives: inflation

Miliband and the minimum wage: extending the recovery to the low paid

Ed Miliband ncrj

Ensuring that the minimum wage begins to catch up with median earnings will mean the low paid enjoying some of the benefits of the economic recovery that the affluent are seeing.

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If we measure inflation by the RPI, real pay is still falling

Job Centre2j

If we measure inflation by the Retail Price Index – far more commonly used than CPI in pay bargaining – real pay is still falling, writes Richard Exell.

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Five signs the cost of living crisis is far from over

George Osborne ncj

Don’t believe the coalition hype. The so-called ‘cost of living crisis’ is far from over, writes James Bloodworth.

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Inflation: Less triumphalism please, the cost of living crisis is far from over

Today’s news on inflation is certainly welcome; but we’re not on the home straights yet.

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How the cost of food soared during the recession

To get an idea of just why so many people are struggling, take a look at this graph, which tracks the increase in the cost of basic food items from 2012 to 2013.

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The coalition’s cost of living sleight of hand

The transparent attempt by the government to selectively reinterpret the data so as to downplay the so-called ‘cost of living crisis’ is frankly rather alarming.

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The inflation magic trick

Anyone taking a closer look at the figures can see that one measure of inflation has gone down, while the other has gone up.

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UK still has joint highest inflation in EU

Inflation in Britain is the joint highest in the EU, according to a relase out today from the statistics office of the European Union.

Posted in Sustainable Economy | Also tagged | 1 Response

Today’s inflation figures: most people still getting poorer

Yet again inflation has outpaced wages as figures realeased today by the Office for National Statistics show the Consumer Price Index at 2.7 per cent – unchanged from August.

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Graph: Falling pay under the Tories

Figures released by the Office for National Statistics (ONS) show that the rate of inflation has increased to 2.9 per cent in June, up from 2.7 per cent in May.

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