Latest figures on loss of purchasing power

The UGFF-CGT state sector federation has updated its figures on the loss of purchasing power faced by public sector workers since 2000. While inflation has risen by more than 21% over this period, the index point used to calculate public sector salaries has increased by only 9%. To show the impact of this, the UGFF-CGT gives examples of different salaries and what they would have been, had they kept up with inflation. The loss of purchasing power is anything from €181 to €538 per month, depending on the level of salary. [Read more at > UGFF-CGT (FR)->]

More like this