Consumer prices rise at highest annual rate since 2012

[littleman]

Consumer prices rose 2.9 percent in the year since June 2017, a five-year high, while hourly wages fell 0.2 percent in the same period, according to federal data released Thursday.

So, a net burden of 3.1% for the wage employee.  It will be interesting to see how things shake out in the next 6 months.

http://thehill.com/policy/finance/396662-consumer-prices-rise-at-highest-annual-rate-since-2012