Inflation ‘problem’ to outstrip pay increases

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Inflation ‘problem’ to outstrip pay increases
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Sky News Business Reporter Ed Boyd says more wage increases can “add more to inflation” as he predicted inflation could soon be 'outstripping' pay increases.

Sky News Business Reporter Ed Boyd says more wage increases can “add more to inflation” as he predicted inflation could soon be “outstripping” pay increases.“Pretty soon, inflation is going to be outstripping the pay increases as well,” he told Sky News Australia.

“This is a really delicate balancing act the Reserve Bank Governor is going to need to juggle over the next few months as inflation starts to get worse.”

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