related_tweet: @tony_dalton4 @nickweetch @kemibadenoch may 2016 1 = 1.275 eur. today 1 = 1.13 eur that's 11% reduction. we buy stuff from other countries, they are more expensive, by 11%. inflation in jun 2016 was 0.8%, now 2.8% (that's per year). real wages are a function of wages vs inflation. real wages are falling.