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Comment by giantg2

Those are real wages. We would expect to see that during a sudden jump in inflation. Wages tend to lag inflation.

The other interesting part in that article is that excluding fuel and food still shows 2.8% inflation - only 1% attributable to food and fuel. Makes it seem like the main article and this article have different spins.

Edit: Wow people are jumping on this. The point is that food and fuel increases account for about 26% of the overall inflation number, meaning that the bulk of inflation is not related directly to fuel. The original article makes it it seem different.

parent giantg2 6 months ago

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