Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Why Your Raise Is Finally Beating the Cost of a Six-Pack
In episode 108 of Wages and Prices, Lucas and Luna dig into a surprising piece of good news: your raise is finally outpacing the cost of beer. With average hourly earnings up 4.1% year-over-year to $37.60 while the CPI for beer at home rose just 2.8% in the same period, drinking at the fridge is becoming relatively cheaper. Lucas explains what's behind the divergence — a mix of falling grain costs, can supply normalization, and a brewery price war — and why the 'funflation' trend that pushed up everything from concerts to cocktails is actually reversing for packaged beer. Luna…
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