Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI: 6.1 percent real increase in salaries is good for internal demand. Hope it is not inflationary.

Showing posts with label 6.1 percent real increase in salaries is good for internal demand. Hope it is not inflationary.. Show all posts

Showing posts with label 6.1 percent real increase in salaries is good for internal demand. Hope it is not inflationary.. Show all posts

Friday 31 July 2009

6.1 percent real increase in salaries is good for internal demand. Hope it is not inflationary.

A 13% nominal increase for municipal workers is a 6.1% real increase with annual inflation at 6.9%. That is good for internal demand in the ...