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Salary increases keeping up with RPI since 2007. As it happens.

24567

Comments

  • Batchy
    Batchy Posts: 1,632 Forumite
    geneer wrote: »
    Sorry, what?
    The CPI figures are the total from dec 08, dec 09, and dec 2010.
    Which does indeed cover the three year period from the end of 2007 to the start of 2011. ;)
    Its really not that interesting that you saw a prior edit since corrected.
    Though it is interesting that you don't appear to have your facts right. :D


    It is the same date range.

    LOL... you can keep telling whatever makes you happy, blinkered isnt the word!
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
  • Batchy
    Batchy Posts: 1,632 Forumite
    geneer wrote: »
    Anything to substantiate that assertion.
    50% of the workforce in the UK (if not more) is public sector

    Ask your local MP if you want it substantiated... lol
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
  • geneer
    geneer Posts: 4,220 Forumite
    edited 28 June 2011 at 9:28PM
    Is it?

    You appear to have started at 2008 with RPI.

    Yet started at 2007 with CPI.

    You've added an additional year?

    No. I haven't. CPI/RPI dec 2008 covers the year from the end of 2007 to the start of 2011.

    CPI 2008 3.1
    CPI 2009 2.9
    CPI 2010 3.7
    TOTAL 9.7%.

    (okay, typo, I said 9.1, now corrected)

    I'm sure a minor semantic point can be turned into a major pedantic squabble if need be.
    But really, I've measured CPI exactly the same way as I measured RPI.
    From the end of 2007 to the start of 2011.

    Which is really what you would expect right?

    Hence we can all move on.
  • Batchy
    Batchy Posts: 1,632 Forumite
    Is it?

    You appear to have started at 2008 with RPI.

    Yet started at 2007 with CPI.

    You've added an additional year?

    he is trying to be smart with words, to make it right... end of 2007 to start of 2011... in other words 2008-10 plus 2 days, however, im not sure of a statistic that gives a daily CPI figure, hence what he meant was 2008-10
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
  • Batchy
    Batchy Posts: 1,632 Forumite
    geneer wrote: »
    No. I haven't. CPI/RPI dec 2008 covers the year from the end of 2007 to the start of 2009.

    CPI 2008 3.1
    CPI 2009 2.9
    CPI 2010 3.7
    TOTAL 9.7%.

    (okay, typo, I said 9.1, now corrected)

    Add a bit of compound interest, and you might just be there! ;-)
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
  • geneer
    geneer Posts: 4,220 Forumite
    Batchy wrote: »
    he is trying to be smart with words, to make it right... end of 2007 to start of 2011... in other words 2008-10 plus 2 days, however, im not sure of a statistic that gives a daily CPI figure, hence what he meant was 2008-10


    Ah. Major pedantic squabble it is then.
  • geneer
    geneer Posts: 4,220 Forumite
    Batchy wrote: »
    Add a bit of compound interest, and you might just be there! ;-)

    What are you on about now batchy.
  • geneer
    geneer Posts: 4,220 Forumite
    edited 28 June 2011 at 9:33PM
    Batchy wrote: »
    50% of the workforce in the UK (if not more) is public sector

    Ask your local MP if you want it substantiated... lol

    I'm asking you.
    How to you validate that figure.

    Median salaries have increased. End of.
    What other measure do you think is more appropriate?
    http://www.statistics.gov.uk/cci/nugget.asp?id=285
    Though it just so happens that the same stats say
    The difference between the median level of full-time earnings in the public sector (£554 per week) and the private sector (£473 per week) widened over the year to April 2010, following annual increases of 3.0 per cent and 2.0 per cent respectively.

    Which rather suggests that public sector pay increased by more than private sector.

    Will you get anything at all right batchy?
  • Batchy
    Batchy Posts: 1,632 Forumite
    2007 104.7 2.3
    2008 108.5 3.6
    2009 110.8 2.2
    2010 114.5 3.3

    11.4 yep... ;-) CPI... where on earth are you getting your figures from?
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Median salaries can increase if you sack everybody in the lower ranks.
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