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Paul Krugman

@paulkrugman ↗

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Last Checked Aug. 26, 2022

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Sun Jul 24 16:07:56 +0000 2022

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Paul Krugman @paulkrugman

So what if (probably) the PCE looks a lot less grim than the CPI. but (maybe) the ECI doesn't match the declining trend in wage growth. What will we think about inflationary pressure? 6/ — PolitiTweet.org

Posted July 24, 2022

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Paul Krugman @paulkrugman

ECI is supposed to be a more robust measure of wage growth than simple hourly wages — which it was during the craziness of pandemic layoffs. But lately it has seemed a bit erratic relative to the simple wage data 5/ https://t.co/NDJLGY1KD9 — PolitiTweet.org

Posted July 24, 2022

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Paul Krugman @paulkrugman

Of course in some respects it will all be old news. Certainly headline numbers won't reflect the remarkable decline in gas prices 6/ https://t.co/urGiUisD9h — PolitiTweet.org

Posted July 24, 2022