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OK, let's look at the Reinis Fischer figure for wages for the last full financial year, which also includes 2014 as well....
Now, with a drop in the £ we will of course drop down the table, the currency drop could put us close to Italy.
But I stand by what I say, many EU countries seem to be in the €1800-2200 range and then the other big range seems to be the €700-1000 range. With a couple of others on the edge earning a lot more or a lot less.
We are sitting either right near the top or in the top half, which is quite a fair bit better than the other half of the EU.
But, once again you seem to miss the point of what was being discussed.
I was saying that for quite a long time now we have been getting product at much cheaper prices than the EU, Mercs, BMWs at 30% less than from Germany, go to a supermarket in Spain, Italy, France and Germany and food is all 30% cheaper. And that is product you can buy in both countries, Illy coffee, Marmite!
Which says the pound was over valued.
All I said was, we also have higher wages here, it is not like our wages are 30% lower than Spain or Italys, which might make seeing lower prices over there easier to understand.
We have just got used to seeing an inflated £, and now we are not we are having to pay the same price for goods as the rest of the EU and we don't like it. |
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