IHS Chief Business Economist: Wages Are Growing

Chris Williamson from IHS Markit discusses the current economic situation, focusing on manufacturing PMI, supply chain constraints, and their impact on inflation and wage growth. He highlights worsening supply chain issues across the G4 economies, leading to unprecedented input cost inflation. The discussion also covers the role of China and Asia in these supply chain disruptions and debates the transitory nature of inflation, suggesting it may persist longer than expected.

What correlation exists between employment gauges and CPI inflation?

How is the economic slowdown in China affecting global supply chains?

What is the current perspective on the transitory nature of inflation according to economists?