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This template defaults to calculating the inflation of Consumer Price Index values: staples, workers' rent, small service bills (doctor's costs, train tickets). For inflating capital expenses, government expenses, or the personal wealth and expenditure of the rich, the US-GDP or UK-GDP indexes should be used, which calculate inflation based on the gross domestic product (GDP) for the United ...
Inflation vs. Wage Growth. ... The average for his entire four-year term was $2.57, or $2.67 if you omit the peak-COVID era from his last 10 months in office when nearly nonexistent demand sent ...
Wages vs. inflation. Wage increases have been a closely tracked metric by economists in the Federal Reserve's fight against inflation. The prevailing concern has been that if wage growth continued ...
Provides a standard way of indicating the "current" year of the inflated prices calculated by the Inflation template. This template is relied upon by the Inflation template, but can also be called directly in articles needing to specify the currently most recent year for which inflation is calculated for a given index. See the Inflation template for usage examples. Template parameters [Edit ...
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And though these figures come from a different data set, Friday’s jobs report showed wage gains continued to impress, rising 0.6% over the prior month in January and 4.5% over last year. And ...
This sub-template returns the associated country's CPI for a specific year. It is used by {{Inflation/US}} for calculating the inflation rate between two given years, which in turn is used by {} to calculate inflated values. It usually isn't meant to be called directly.
On inflation and wages, Biden has a point for the most recent two months — August and September 2021. However, inflation outpaced wages by so much earlier in his presidency that these two months ...