Economic Policy Institute

FOR IMMEDIATE RELEASE
AUGUST 2, 2006
12:26 PM

CONTACT: Economic Policy Institute
(202) 775-8810

 
What's Pushing Inflation?
 

WASHINGTON - August 2 - Rising prices are often blamed on rising wages, but that clearly can’t be the case in this period of sluggish wage growth.

In today’s Economic Policy Institute snapshot, economist Josh Bivens analyzes the contribution of various factors in today’s rising prices and finds that the one that bears most of the blame is soaring corporate profits. 

Click here for the snapshot, or more on EPI economist Josh Bivens.

For interviews or more information, contact the EPI Communications Departement at 202-775-8810 or news@epi.org.

Click here for how to describe EPI.

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