Commuters face more disruption as new strikes begin
With inflation now beginning to fall, the government and employers might be hoping to temper some of the wage demands that have helped fuel the current wave of industrial strife.Overall inflation - the rate at which prices rise - eased slightly last month but the cost of living is still very high and rising at its fastest pace in 40 years. It may only decline slowly.Its bigger argument, however, is about sparking a"wage-price" spiral.
Wage growth was already in double digits at the start of the 1970s, whereas price inflation reached that level three years later. What we have now is very different. Prices are going up very fast because of supply chain issues and the impact of Russia's war in Ukraine on energy supplies.
Belgique Dernières Nouvelles, Belgique Actualités
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