Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Your Raise Beats the Cost of Diapers
In episode 159 of Wages and Prices, Lucas and Luna break down one of the most stubborn items in the family budget: diapers. Over the past year, diaper prices have risen only 1.8 percent while average hourly earnings are up 4.2 percent, meaning your raise is finally outpacing the cost of keeping a baby dry. But it wasn't always like this — during the pandemic, a shortage of wood pulp and resin sent diaper prices soaring 12 percent in a single year. What changed? The hosts walk through the supply chain, from pulp mills to grocery store shelves, and explain why diaper makers like Procter &…
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