Wage push inflation is a general increase in the cost of goods that is preceded by and results from an increase in wages. Even higher wages are then needed to compensate.

Learn how GDP growth can influence inflation, impact economic health, and affect consumer purchasing power. Understand the relation for better financial decisions.

A steep jump in the cost of air travel, cigarettes and live entertainment helped push up the UK’s overall inflation rate last month, despite price rises slowing for everyday groceries such as butter ...

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