Real Wages Fall For The Twenty-First Month As Rent And Food Prices Keep Rising


Real Wages Fall For The Twenty-First Month As Rent And Food Prices Keep Rising

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By Ryan McMaken

The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data on Thursday, and according to the report, price inflation during the month decelerated slightly, coming in at the lowest year-over-year increase in fifteen months.

Change in CPI

cpi2

% change in CPI

Gap between wage growth and price inflation

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