Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
How Your Raise Is Finally Beating Imported Goods Prices
Episode 121 of Wages and Prices examines a rare reversal: after years of imported goods getting more expensive, wage growth is now outpacing import price inflation. Lucas and Luna break down the June 2026 CPI data showing overall consumer prices dipped while average hourly earnings rose to $37.60. They focus on the surprising spike in costs for goods from China—the highest since 2008—and explain why that actually means workers' purchasing power for imports is improving. The hosts discuss how a strong dollar and shifting supply chains are creating this window, and what happens if tariffs…
The skinny
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