Thursday, September 25, 2014

Cost Of Living Adjustments and Inflation

Today I was asked if we could have raises linked to the evolution of the cost of living. 

A good question that led me to check for such an index and/or inflation rates that I thought were very low.

It turns out (as you can see) they are not so low:

Inflation rates

2012: 2,1%
2013: 1,5%
2014: not available yet for the whole year could be 1,5  then about 5,1% for the 3 yars

COLAS - Cost Of Living Adjustments

2012: 3,6%
2013: 1,7%
2014: 1,5%
total: 6.8%  + 2015 to come

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