3,882
edits
Consumer Price Index: Difference between revisions
→1. Wages [4]
| Line 125: | Line 125: | ||
== Near-term inflation drivers == | == Near-term inflation drivers == | ||
=== 1. Wages | === 1. Wages === | ||
Wages in the United States increased 6.17 percent in November of 2022 over the same month in the previous year. Due to the labor market still being resilient, we can still expect pressure to the upside in CPI in the coming months, especially in the service sector; however, the trend has been slowing recently. | Wages in the United States increased 6.17 percent in November of 2022 over the same month in the previous year. Due to the labor market still being resilient, we can still expect pressure to the upside in CPI in the coming months, especially in the service sector; however, the trend has been slowing recently.<ref>https://tradingeconomics.com/united-states/wage-growth#:~:text=Wage%20Growth%20in%20the%20United,percent%20in%20March%20of%202009</ref> | ||
=== 2. Supply chain issues easing === | === 2. Supply chain issues easing === | ||