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Public servants have not been able to keep up with the rise in the cost of living despite wage increases, new data shows.
An analysis by ICEA Lion Asset Management shows that average annual increase in public sector wages between 2013 and 2018 stood at 5.5 per cent, which has been slightly below the average inflation - a general increase in prices and fall in the purchasing value of money - of 6.5 per cent over the period.
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