Will your salary keep up with inflation? ...Middle East

Quartz - Economy
Will your salary keep up with inflation?
source : Quartz ( Middle East ) () 7
Inflation has come for the sad desk lunch. The average price of a humble wrap is up 18% in major US cities compared with a year ago, according to The Wall Street Journal, while the cost of a sandwich is up 14%.That’s just one sign that companies should be steeling themselves for a barrage of raise requests from workers looking to keep up with the rising cost of living. In the US, inflation is up 7.9% from a year ago, according to the most recent data from the Bureau of Labor Statistics. In the UK, inflation rose 6.2% on an annual basis—the biggest jump in three decades.“We were in this long period where general pay raises often came in on the order of 2-3% to reflect cost-of-living increases

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