Average inflation canada 2020
In North America, the average salary growth is predicted to be 2.8 percent in 2020, which is the same as last year. When adjusted for inflation, the real-wage growth is expected to be 1.1 percent In 2019, the overall average salary structure adjustment is 2.2 percent, representing an upward shift from 2 percent in 2018. The projection for 2020 is holding steady at 2.2 percent. For employees receiving promotional increases, the size of the average base pay increase rose to 8.9 percent, Note: There was so much inflation in January 1920 that if you calculate the average from the end of January 1920 - December 1929 the average for the decade is -0.09% but if you calculate it correctly from the end of December 1919- December 1929 that single month increases the average to 0.38% for the decade.