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Wage gains have outpaced inflation for nearly three years. The war could quickly change that

Economists expect a 0.9% monthly rise, with gas prices accounting for more than two-thirds of Pantheon Macroeconomics’ projected increase.

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By Alicia Wallace, CNN (CNN) — When contending with years of budget-breaking inflation, there was at least one saving grace: For the past 34 months, the average wage was growing faster than prices were. That’s expected to change – in short order. When the Consumer Price Index for March is released on Friday morning, it’s expected to show that US inflation bolted higher – a direct result of the Middle East war’s energy shock. Economists are estim…

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Wage gains have outpaced inflation for nearly three years. The war could quickly change that

When contending with years of budget-breaking inflation, there was at least one saving grace: For the past 34 months, the average wage was growing faster than prices were.

·Atlanta, United States
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CNN broke the news in Atlanta, United States on Thursday, April 9, 2026.
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