Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
What Sticky Services Inflation Means for Your Paycheck
A new data point from April 2026 is quietly driving the gap between your raise and your purchasing power: services inflation. While goods prices have moderated, the cost of services like auto insurance, rent, and medical care continues to climb. Lucas and Luna break down the latest CPI and average hourly earnings figures to show how 'sticky' services inflation is eating real wage gains for workers. They look at why the Fed's preferred core PCE measure remains stubborn, why services inflation is harder to wring out than goods inflation, and what it means for the typical…
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