Companies are setting aside 3.9% of their payroll budgets to raises in 2022, a record high not seen in a decade, according to a November survey of 240 U.S. businesses (half of which represent more . More information is available in. This increased from 28% (15 December 2021 to 3 January 2022) to 45% (16 to 27 March 2022). The ability for adults to save money has changed over the course of the last two years. This analysis uses the modified Organisation for Economic Co-operation and Development (OECD) equivalisation scale. Despite reported increases in the cost of living, this measure has remained relatively stable since November 2021 (3 to 14 November 2021). The cost of living, current and upcoming work: March 2022 Article | Released 2 March 2022 A summary of ONS's current and future analytical work related to the cost of living. More information on the methodology used to calculate these indices can be found in our Methodology to calculate CPIH-consistent inflation rates for UK household groups. Our previous analysis shows that restrictions on recreational spending and behavioural changes contributed to lower spending in FYE 2021. . Individual contributions may not sum to the difference in CPIH because of rounding. They differ slightly to questions that ask the difficulty in paying household bills compared with a year ago, therefore these results are not strictly comparable. Office for National Statistics (ONS), released 18 January 2023, ONS website, statistical bulletin, Index of Private Housing Rental Prices, UK: December 2022. Private rental growth measures, a UK comparison: January to December 2021 Article | Released 20 January 2022 Compares growth in the Index of Private Housing Rental Prices (IPHRP) with other measures of private rental growth. In March (16 to 27 March 2022), the proportion of adults living in the most deprived areas of England who reported that they found it difficult or very difficult to pay their usual household bills, was 9 percentage points higher than in November 2021 (3 to 14 November 2021), increasing from 25% to 34%. Subsidised renters inflation was above overall CPIH and CPI for most of the period. The government is offering help for households. This is the highest percentage since the question was first asked in March 2020 (27 March to 6 April 2020). The sources of the annually updated Index of Private Housing Rental Prices, UK: annual weights analysis dataset are the Department for Levelling Up, Housing and Communities (DLUHC), Scottish Government, Welsh Government, NIHE and VOA.