(14 Sep 2023, 8:24 pm)Malarkey wrote I'm confused regarding this statement.
Go North East business director, Ben Maxfield, said, “The two most talked about inflation measures, CPI and RPI are currently running at 6.4% and 9.0% respectively. Our offer of 9.11% beats both these figures and means our driver pay package will be among the very best in the region.
When CPI and RPI =15.4% combined as i'm sure are meant to be calculated together, how does Go North East's offer of 9.11% beat both of the figures stated as it looks to me like they are only going off of CPI.
No, they are not combined, 2 different indexes.