When people's incomes increase more
slowly than the inflation rate, their purchasing power declines.
Not exact matches
Even though workers» productivity has grown more
slowly in Canada, our
inflation - adjusted earnings have grown faster
than in the U.S..
«Households are being squeezed from both directions, with
inflation rising faster
than expected and wages rising more
slowly.
On the one hand, it has enabled the monetary aggregates to grow much more
slowly than the credit aggregates, helping to keep
inflation lower.
Policymakers also forecast
inflation to creep only
slowly toward the Fed's 2 percent target, even as unemployment dips lower
than previously expected.
-- Said the Fed needs to keep
slowly raising rates, rather
than waiting until
inflation hits its 2 percent target, to avoid a «boom - bust» economy whereby it might eventually have to tighten so aggressively as to tip the economy into recession.
With UK wage growth rising faster
than inflation, the squeeze on consumers is
slowly coming to an end.
But
inflation is higher
than the statistics would indicate, and is
slowly getting driven higher by higher
inflation abroad, some of which is getting transmitted here.
Were prices
slowly rising rather
than falling, companies would be able to raise wages and salaries by roughly the same proportion as the
inflation rate without paying significantly more in
inflation - adjusted wages.