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Consumer Price Index: Difference between revisions
→2. Supply chain issues easing
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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> | 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 | === 2. Supply chain issues === | ||
Supply chain pressures have been easing in the last few months, which will help improve the goods inflation, a trend that we have already started to see. | Supply chain pressures have been easing in the last few months, which will help improve the goods inflation, a trend that we have already started to see. | ||