While inflation rose faster in high-income countries, leading to above-average real wage declines in North America (minus 3.2 percent) and the European Union (minus 2.4 percent), the ILO finds that low-income earners are disproportionately affected by rising inflation. As lower-wage earners spend...
5.805.6015.40-6.001960 - 2024percentMonthly Current Prices, SA CompareWage Growth by Country Related US Equities Tumble After Jobs Report Week Ahead - Jan 13th US Year-Ahead Inflation Expectations Up to 8-Month High US Consumer Sentiment Falls on Higher Inflation Expectations ...
The country's mean Kaitz index 33The Kaitz index implicitly states the MW in real terms, as it is not susceptible to inflation (provided that the local overall wage level adjusts for inflation). 34The lowest Kaitz index value is reported for region UKI3, i.e. inner London area, in ...