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Chill, this week's news on wages points to anything but hyperinflation

  • Written by: Richard Holden, Professor of Economics, UNSW

Suddenly people are talking about inflation, even hyperinflation, in a way they haven’t since the 1980s.

In October the United States posted its highest annual consumer price index increase in 30 years, with inflation up 6.2% and “core” (excluding volatile prices) inflation of 4.6%.

US underlying inflation

Chill, this week's news on wages points to anything but hyperinflationUS consumer price index...

Read more: Chill, this week's news on wages points to anything but hyperinflation

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