08-02-2024 06:40 PM
Has anyone else’s phone contact bill increased 25% in the past 12 months ? Apparently it’s due to inflation but I’m struggling to understand how that’s calculated when inflation has been no where near 25%
08-02-2024 07:32 PM
In March 2023, there was a well-publicised increase of 14% - CPI plus 3.9%
In March 2024 there will be an increase of 7.9% - CPI plus 3.9%
Compounded, these amount to roughly 23%
08-02-2024 07:46 PM - edited 08-02-2024 07:48 PM
Well, not 25% but there was an annual contracted increase in Apr. '23 of CPI + 3.9% = 14.4%. See Annual Price Change for 2024 & the last of its ilk.