{"id":69372,"date":"2017-10-18T19:06:35","date_gmt":"2017-10-18T12:06:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-inflation-cant-blame-the-workers-this-time\/"},"modified":"2017-10-18T20:03:20","modified_gmt":"2017-10-18T13:03:20","slug":"rising-inflation-cant-blame-the-workers-this-time","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-inflation-cant-blame-the-workers-this-time\/","title":{"rendered":"Rising inflation \u2026 can't blame the workers this time"},"content":{"rendered":"


\nLatest UK labour market snapshot shows 70s model of wage-price spiral is dead and adds to argument against interest rate riseDon\u2019t blame the workers for the highest inflation in more than five years. That\u2019s the message from the latest monthly snapshot of the labour market showing that earnings growth is stubbornly low despite the lowest jobless rate since the mid-1970s.Back then, any pick up in the cost of living would lead to a demand for higher pay, prompting an upward wage-price spiral. But this model is dead. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Rising inflation \u2026 can’t blame the workers this time<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Latest UK labour market snapshot shows 70s model of wage-price spiral is dead and adds...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-69372","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-i2U","jetpack-related-posts":[{"id":126980,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/boris-johnson-warns-of-wage-price-spiral-if-workers-demand-higher-pay\/","url_meta":{"origin":69372,"position":0},"title":"Boris Johnson warns of \u2018wage-price spiral\u2019 if workers demand higher pay","date":"June 10, 2022","format":false,"excerpt":"\r PM raises spectre of 1970s-style economic crisis that could force dramatic rise in interest ratesAll today\u2019s politics news \u2013 as it happensBoris Johnson has raised the spectre of a 1970s-style \u201cwage-price spiral\u201d that could force the Bank of England to push up interest rates dramatically if workers demand to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95575,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rising-faster-than-wage-increases-halifax-says\/","url_meta":{"origin":69372,"position":1},"title":"UK house prices rising faster than wage increases, Halifax says","date":"August 7, 2018","format":false,"excerpt":"\r Bank puts annual rate of property inflation at 3.3%, but experts say market activity still lacklustreA surprise spike in UK house prices in July has increased the annual rate of property inflation to 3.3%, pushing the cost of buying a home to a record high.Halifax said house prices rose\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thinktank-calls-for-double-lock-england-private-rent-cap-to-ease-living-costs\/","url_meta":{"origin":69372,"position":2},"title":"Thinktank calls for \u2018double lock\u2019 England private rent cap to ease living costs","date":"May 11, 2026","format":false,"excerpt":"\r Influential IPPR proposes capping rents at whichever is lower of consumer price inflation or wage growthUK politics live \u2013 latest updatesOne of the thinktanks closest to the Labour government is urging ministers to introduce private sector rent controls in England, as the chancellor weighs up how to ease a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124497,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-hit-record-high-but-cost-of-living-squeeze-will-slow-growth-considerably-business-live\/","url_meta":{"origin":69372,"position":3},"title":"UK house prices hit record high, but cost of living squeeze will slow growth \u2018considerably\u2019 \u2013 business live","date":"February 7, 2022","format":false,"excerpt":"\r Rolling coverage of the latest economic and financial newsHalifax: House prices hit record of \u00a3276,759 in JanuaryYounger generations face significant barriers to home ownershipExperts: House price juggernaut slowingSurging inflation will slow recovery in 2022, predicts EYTesco chairman warns of food price inflation at 5% by springUnions have urged the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135050,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/falling-house-prices-may-seem-like-a-good-thing-but-its-renters-who-are-paying-the-price-josh-ryan-collins\/","url_meta":{"origin":69372,"position":4},"title":"Falling house prices may seem like a good thing \u2013 but it's renters who are paying the price | Josh Ryan-Collins","date":"March 3, 2023","format":false,"excerpt":"\r With first-time buyers unable to get a mortgage and landlords hiking up rents, it\u2019s a vicious cycleUK house prices are falling. In the year to February, prices fell by 1.1% to reach their lowest level for over a decade. The drivers are clear: inflation and rising interest rates are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120605,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/analysts-believe-hike-in-inflation-still-at-manageable-level\/","url_meta":{"origin":69372,"position":5},"title":"Analysts believe hike in inflation still at manageable level","date":"June 24, 2021","format":false,"excerpt":"\r Analysts believe hike in inflation still at manageable levelCore inflation, which excludes accommodation and private road transport costs, is still believed to be at manageable levels.\u00a0 Despite the increase in consumer prices in May \u2013 in which all-items inflation hit its highest level since end-2013 \u2013 analysts still do\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/06\/singapore-marina.jpg?fit=820%2C411&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/69372"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=69372"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/69372\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=69372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=69372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=69372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}