Inflation outpaces wage growth in the U.S. in August
Consumer prices rose by 3.4% year-over-year in the U.S. in August.
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3.1 %
Wages grew by only 3.1%, widening the gap with inflation
The fact
Wages grew by only 3.1%, widening the gap with inflation.
This situation is putting pressure on American households' purchasing power.
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