Wage Price Spiral

Topics

Wage Price Spiral

A wage-price spiral occurs when rising wages lead to increased production costs, which in turn lead to higher prices. This can result in further wage demands and thus a continuing cycle of inflation.

In the News Teaching Activity – with inflation back in its target range, is the cost-of-living crisis over? (May 2024)

30th May 2024
In the News Teaching Activity – the UK’s economy slips into recession (Feb 2024)

22nd February 2024
Key Update on the UK Economy - December 2023

27th November 2023
2.1.2 Consequences of Inflation (Edexcel A-Level Economics Teaching PowerPoint)

Teaching PowerPoints
2.6.4 Macro Trade-Offs - The Phillips Curve (Edexcel A-Level Economics Teaching PowerPoint)

Teaching PowerPoints
What do we mean by inflation expectations and why do they matter?

Study Notes
What are economic shocks?

Study Notes
Stagflation - How labour shortages are causing rising prices and interest rates

13th June 2023
Why does the UK have the highest inflation in G7?

6th June 2023
High Gas Prices - Effects on Businesses and the UK Economy

17th March 2023
Warburtons battles soaring cost-push inflation

19th January 2023
A crisis for Labour as real wages drop and working poverty climbs

17th January 2023
Are higher wages to blame for fast rising prices?

18th December 2022
Is the UK heading for a 1970s-style Winter of Discontent?

14th December 2022
Wages and Cost Push Inflation - Chain of Reasoning

Practice Exam Questions
Inflation Reaches 11% - A Look Inside Britain's Cost of Living Crisis

16th November 2022
Netherlands raises their minimum wage by 10%

21st September 2022
TUC launch campaign for £15 per hour national minimum wage

24th August 2022
UK workers suffer biggest hit to real wages since records began

17th August 2022
Recession Watch: TUC predicts biggest fall in real wages for 100 years

12th August 2022
Will UK trade union membership start to rise again?

7th August 2022
Bank of England raises interest rates and now forecasts a recession in 2023

4th August 2022
Is the UK economy facing a summer of discontent on pay?

17th July 2022
Stagflation and the Cost of Living Crisis in the UK

22nd June 2022
UK Economy in Focus - Stagflation

Topic Videos
Inflation (Quizlet Revision Activity)

Quizzes & Activities
Monetary Policy - Bank of England walks tightrope on interest rates

15th February 2022
Economics of Inflation - The Wage-Price-Spiral

Topic Videos
Will the global supply chain process lead to stagflation?

22nd September 2021
Cost-push inflation - Building projects hit by lack of supplies and price rises

26th May 2021

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Topics

Wage Price Spiral

In the News Teaching Activity – with inflation back in its target range, is the cost-of-living crisis over? (May 2024)

In the News Teaching Activity – the UK’s economy slips into recession (Feb 2024)

Key Update on the UK Economy - December 2023

2.1.2 Consequences of Inflation (Edexcel A-Level Economics Teaching PowerPoint)

2.6.4 Macro Trade-Offs - The Phillips Curve (Edexcel A-Level Economics Teaching PowerPoint)

What do we mean by inflation expectations and why do they matter?

What are economic shocks?

Stagflation - How labour shortages are causing rising prices and interest rates

Why does the UK have the highest inflation in G7?

High Gas Prices - Effects on Businesses and the UK Economy

Warburtons battles soaring cost-push inflation

A crisis for Labour as real wages drop and working poverty climbs

Are higher wages to blame for fast rising prices?

Is the UK heading for a 1970s-style Winter of Discontent?

Wages and Cost Push Inflation - Chain of Reasoning

Inflation Reaches 11% - A Look Inside Britain's Cost of Living Crisis

Netherlands raises their minimum wage by 10%

TUC launch campaign for £15 per hour national minimum wage

UK workers suffer biggest hit to real wages since records began

Recession Watch: TUC predicts biggest fall in real wages for 100 years

Will UK trade union membership start to rise again?

Bank of England raises interest rates and now forecasts a recession in 2023

Is the UK economy facing a summer of discontent on pay?

Stagflation and the Cost of Living Crisis in the UK

UK Economy in Focus - Stagflation

Inflation (Quizlet Revision Activity)

Monetary Policy - Bank of England walks tightrope on interest rates

Economics of Inflation - The Wage-Price-Spiral

Will the global supply chain process lead to stagflation?

Cost-push inflation - Building projects hit by lack of supplies and price rises

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Wage Price Spiral