So, you know, we had good inflation trends obviously with the Iran operations. Energy has changed the inflation picture for the last couple of months. But that aside, real wages, Wages have outpaced inflation over the past year, the past two months being exceptional for reasons we all know. And then with manufacturing as a share of GDP, that's been about the same. It's been about 9.5% for some time. This is the one where I would say we need, we need time. (08:26–08:34)
CLAIM
Asserts that wages have increased more than inflation over the past year.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.