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Cluster · rate · FY 2023
2023 inflation rate (for context in wage discussions).
Not promoted to the official baseline.
This cluster is useful evidence for review. It does not drive the budget simulator until an admin confirms the amount against an official source and promotes it.
Corroboration
1docs
Consensus
0%
Votes attached
0
Date range
2024-02-01 — 2024-02-01
2023 inflation rate (for context in wage discussions).
Inflation for 2023 has settled in at 3.4%, very close to the recommended 3.5% COLA increase for the 2024 wage increases.