Higher inflation is driving down the value of state benefits

Real value of weekly unemployment benefits,

April 2022 terms

£110

Projection

100

90

80

70

2016

2018

2020

2022

Real value of weekly unemployment benefits, April 2022 terms

£110

Projection

100

90

80

70

2016

2017

2018

2019

2020

2021

2022

2023