Soldato
I think the point is inflation is at 20-25% since 2021. Many people have not had anything like this in pay rises over the last 3 years. 4.5% in this context isn't all that much. It's not bad though.
Sure but, in the area of pay rises, they are based on the preceding single year and not 3+ years so, while you are correct that 4.5% is not a lot in your scenario above, its a decent amount in the scenario that should be looked at i.e. compared to inflation in the preceding year.
Double rate of inflation? No, it's just the rate of inflation, Feb RPI was 4.5%, so it's basically no pay rise at all really.
Without knowing when you traditionally get your pay rises, its not possible to be accurate in my answer. I assumed it was Sept/Oct due to when and what you posted. If it is in Feb then, yes, you are correct that its not higher than inflation