only if your wages increase in line with inflation if i understand it correctly.
Type: Posts; User: Estoril-5
only if your wages increase in line with inflation if i understand it correctly.
So when the BoE say they want it to keep to approx 2%, even if it reaches the 2% target next year, it means nothing if wages dont increase. Does that mean the standard of living will always be worse...
Daft question - but if inflation is the change between a point in time and 12 months prior. If inflation is currently at 8% today as an example, if 12 months later it is 2%, does that mean in the 2...