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 Cup of Coffee
In Episode 128 of Wages and Prices with Fexingo, Lucas and Luna explore why the average worker's raise is finally outpacing the cost of a cup of coffee. With average hourly earnings up to $37.60 and core CPI easing, the purchasing power of wages is on the rise. But not all coffee is created equal—specialty brews and cafe markups have surged, while grocery-store coffee prices have fallen. The hosts break down the numbers, discuss the role of import prices and commodity costs, and explain what this means for the everyday consumer. Plus, a quick look at how the Fed's inflation data…
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