Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
How Raises Are Finally Beating the Cost of Staying Healthy
On this episode of Wages and Prices, Lucas and Luna dig into a surprising new trend: wages are finally outpacing health-related costs. With average hourly earnings up 3.1% over the past year and core CPI running at 2.6%, the gap has flipped in workers' favor. They explore what's driving this shift—from generic drug prices falling to a slowdown in hospital service inflation—and what it means for your paycheck. Using the latest data on earnings and inflation, they unpack the numbers behind the trend and share what it could signal for the broader economy. If you've been wondering…
The skinny
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