One of my colleagues told me that his salary is lower now than it was five years ago. Sadly, the price of goods is rising.
In my country the salary is rising but a very small rise and still not enough because the basic necessities or goods are rising very bad it rises almost 75% of its normal price, the economy is i think declining and lost its balance high inflation kill the poor and the people who are in the middle status has severely affected, i hope the government will make a solution for this and increase the minimum salary to make it enough to buy the daily needs and pay daily expenses.
even increasing minimum salary is not really a solution to be honest, once government increases the salary by significant amount the price went up, inflation uncontrolled.
the best way is just to make quantity of commodities and food increases more than right now.
thats the difficult thing since doing that means more investment to the various sector that gonna requires massive resources.
regardless I agree that current salary increase just too small compared to inflation this causes purchasing power to plummet significantly.
if this goes on, people will eventually find themselves in situation where they could hardly afford monthly needs with current salary.