Home / Royal Mail / Pay overtakes inflation for first time in nearly two years

Pay overtakes inflation for first time in nearly two years

AVERAGE pay growth rose above inflation for the first time in almost two years, in a sign that the squeeze on living costs may be starting to ease reports the BBC.

Wages rose by 7.8% between June and August, according to official figures.

It is higher than average inflation over the same three months, which measures the rate at which prices rise.

https://www.bbc.co.uk/news/business-67121459

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