Bee says with rampant inflation there will be reductions in purchasing power

Bee says with rampant inflation there will be reductions in purchasing power

Britain’s parliament speaker said on Monday the government expected “above expectations” inflation last year, which, without an adjustment to wages and pensions, would lead to “reductions in purchasing power”.

At the end of the meeting with the government, Pedro Felipe Soares refused to reveal the concrete figure that the executive had expected for the inflation rate this year – in the stabilization program it was expected to be 2.9% – but spoke of an “outbreak” of economic inflation.

Asked by reporters whether this meant a return to austerity, as reported by the PSD, the leader of the cartel did not repeat this expression, preferring to talk about “reducing purchasing power.” “Inflation with the massive increase it suffers, especially in services and basic goods, is a decrease in the purchasing power of families, and a reduction in wages and pensions. The failure of the government to take this is something for us incomprehensible,” he criticized.

In the face of journalists’ insistence on word of austerity, the BP leader repeated: “It is impossible to be clearer than I was, there is a decrease in purchasing power,” criticizing, noting that the party has already proposed and will insist on a temporary salary increase.

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