Sector metal workers were asking for a 2% salary increase over the inflation rate, making for a nominal increase of 9.5%.

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Consumer spending in August stalled as well, advancing only 0.1% in real terms as rising prices subtracted 0.4 percentage points of the 0.5% nominal increase in sales.

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Nominal incomes do increase, but this is merely a response to the inflation that has already been created.

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