2024 Cost Of Living Increase Rates Uk

Reeva Larine2024 2024 Cost Of Living Increase Rates Uk
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2024 Cost Of Living Increase Rates Uk. We held our interest rate at 5% on thursday 19 september. Annual increases of nearly 10% in 2023 and 2024 were welcome, but by the time the minimum wage rise came through in april, high inflation had eroded minimum.


2024 Cost Of Living Increase Rates Uk

In the year to january 2024 gas prices fell by 26.5% and electricity prices fell by 13.0%, according to the latest consumer prices index including owner occupiers’ housing costs. On a monthly basis, cpih rose.

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