Inflation expected to outpace salaries for a few more years: Research ...Middle East

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Inflation will likely continue to outpace most salaries over the next few years, according to new research. The analysis from Moneywise, shared earlier this month, looked at data from the Bureau of Labor Statistics (BLS), the Federal Housing Agency (FIFA) and Redfin to determine how salaries have kept up with inflation over the last five years. The consumer price index (CPI), a popular measure of inflation, did not change from May and is up 3.3 percent annually, according to the most recent data. Researchers found that 97 percent of occupations have failed to keep up with inflation over the five-year period. Their analysis explained that when adjusted for inflation, salaries have a

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Last updated : 20 June 2024 clock 07:05 PM

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