Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing

Charlie Weston

๐Ÿ‘ค Speaker
402 total appearances

Appearances Over Time

Podcast Appearances

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

60%.

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

That's more than double the overall inflation rate over that period, Matt.

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

You're talking about...

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

โ‚ฌ2.16 up to April this year.

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

I looked at, for example, beef prices up 32%.

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

The pint of stout in a pub, your Guinness, 28%.

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

Butter, standard one in every house, 42%.

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

Diced beef pieces, popular in casseroles and for making stew.

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

up almost 50% in that five-year period.

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

So extraordinary increases in some of these items compared with the overall inflation rate.

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

And these are typical items that are bought by households, basically.

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

Well, it's my understanding that they haven't.

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

I didn't look at comparing the pay rates now because that's a bigger exercise.

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

And this was a new departure for me to drill into this data on the CSO's website.

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

But my understanding is they haven't and you haven't kept pace and certainly are not keeping pace at the moment.

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

haven't gone up.

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

And it's cumulative, Matt.

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

You're absolutely right.

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

a lot of people wouldn't have any pay rise at all.

The Last Word with Matt Cooper
Personal Finance: 25 Per Cent Rise In Everyday Costs Over Last 5 Years

I mean, you know, there's pay rises in the public sector and more luck to them.