Economy / Trinidad & Tobago
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Affluenza Bites the Hand…
October 2006 | Ratings UpdateSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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As consumer confidence ebbs on the back of a sharp escalation in retail prices and the cost of living, rising wage demands are coming to the fore. With inflation set to reach 10% by year-end (we have just upwardly revised our forecast, from 8.3% previously), this issue promises to be a hot political topic in 2007, an election year. The public lays the blame for the current inflationary environment squarely at the government's door: a recent survey of consumer confidence by the local