Average Earnings and Inflation

(asked on 15th July 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what comparative assessment he has made of the rates of wage growth and inflation.


Answered by
Damian Hinds Portrait
Damian Hinds
Minister of State (Education)
This question was answered on 21st July 2015

The hard work on economic recovery is now paying off as people see their pay packets growing faster. The most recent data shows that, at 3.2 per cent, real pay is growing at its fastest rate since 2007.

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