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Why wages should keep up with inflation: the economic case for getting a pay rise

By Muhammad Ali Nasir, Associate Professor in Economics, University of Leeds
David Spencer, Professor of Economics and Political Economy, University of Leeds
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The recent sharp rises in inflation have effectively put an end to three decades of relative price stability in the UK. The prices of most goods and services have gone up and could go even higher.

The reasons for this include increased economic activity after the ending of COVID restrictions, global supply chain issues and the

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