Adjust for Inflation

In short

Headlines and Lines to Take

This claim is based on cash increases in regular pay, excluding bonuses. (Source: BBC)
This is not true. (Source: Twitter)
  • Cash terms: Increased by 3.3%, the annual growth rate has not been higher since September to November 2008 — in about ten years;
  • Real terms: Increased by 1.0%, the annual growth rate has not been higher since October to December 2016 — in about two years.

Why you should adjust for inflation

‘$20 can buy many peanuts’. (Photo: Frinkiac)

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This blog looks at the use of statistics in Britain and beyond. It is written by RSS Statistical Ambassador and Chartered Statistician @anthonybmasters.

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Anthony B. Masters

Anthony B. Masters

This blog looks at the use of statistics in Britain and beyond. It is written by RSS Statistical Ambassador and Chartered Statistician @anthonybmasters.