To calculate the annual change in real terms, we adjusted April 2022 earnings to what they would have been in April 2023 if workers received pay rises in line with inflation, or more precisely, the Consumer Prices Index including owner occupiers’ housing costs (CPIH). The difference between the recorded April 2023 wages and the inflation-adjusted estimates is the annual change in real terms.
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Warning cost of living fund closure ‘catastrophic’
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Councillor Shaun Davies, chair of the Local Government Association, says closing the fund risks more households falling into financial...
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Interest rates predicted to be held again
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Warning UK mortgage rates set to rise further
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Covid: Airport support scheme to open in England
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Boeing: Bolts missing from door, says blowout report
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Razzlekhan and husband guilty of $4.5bn Bitcoin launder
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Fake ads on Facebook spoil real life fairy story
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P&O Ferries ship detained over crew training concerns
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