Yes, wages increased by 6% in 2023 already, for a slight increase in real wages while inflation was high. With a lot of the lifting being done by thelast quarter +5,6% wages vs. 3% inflation. For the first quarter of 2024 it’s +6,4% wages vs. 2,5%… oh, and the usually focused group of low earners is at the top with +8,8%.
Now we are down too 2% inflation… and you still pretend this actual target number aimed for is still rising faster than wage growth.
The last time real wages sunk was in 2022, so we had 1½ years of increased inflation adjused wages already, with inflation still going down.
Sorry but wages are not rising above inflation.
Yes, wages increased by 6% in 2023 already, for a slight increase in real wages while inflation was high. With a lot of the lifting being done by thelast quarter +5,6% wages vs. 3% inflation. For the first quarter of 2024 it’s +6,4% wages vs. 2,5%… oh, and the usually focused group of low earners is at the top with +8,8%.
Now we are down too 2% inflation… and you still pretend this actual target number aimed for is still rising faster than wage growth.
The last time real wages sunk was in 2022, so we had 1½ years of increased inflation adjused wages already, with inflation still going down.