Chill, this week's news on wages points to anything but hyperinflation
- Written by Richard Holden, Professor of Economics, UNSW
Suddenly people are talking about inflation, even hyperinflation, in a way they haven’t since the 1980s.
In October the United States posted its highest annual consumer price index increase in 30 years, with inflation up 6.2% and “core” (excluding volatile prices) inflation of 4.6%.
US underlying inflation
US consumer price index...Read more: Chill, this week's news on wages points to anything but hyperinflation
