Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
How Your Raise Is Finally Beating the Cost of a Night Out
Lucas and Luna examine why the cost of a night out at a bar or restaurant is rising more slowly than wages, using the latest CPI data showing overall inflation cooling while the Fed notes a World Cup boost for hospitality. They discuss how average hourly earnings have climbed to $37.60 while core CPI eased, and whether the trend can last given rising import costs from China and geopolitical risks. Along the way, they debate whether the party is sustainable for workers or if tariffs could spoil the fun.
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