賃金と物価の悪循環.
Wages are indexed to the cost of living [《主に英国で用いられる》 are index‐linked].
the unemployment rate at a time when prices of commodities are holding steady at a certain level, called natural rate of unemployment
a system of pay calculated by a fluctuation in prices
an episode of inflation in which prices and wages increase at an increasing rate and currency rapidly loses value
an episode of deflation in which prices and wages decrease at an increasing rate and currency gains in value
a situation in which the value of a currency falls and the value of imported goods rises as a result
a wage scale that fluctuates in response to the cost-of-living index
The appreciation of prices affect the prosperity of the country.
Wages are running low this year.
a rise in the price level of goods or service which are reproduced every year
inflation of currency after a period of deflation