Inflation rose just 0.2% in June, less than expected as consumers get a break from price increases

[cameraman]

 

[kakatiya]

The net income growth has been significantly slow.. 

Jobs increase is in service sector.unempmoyment recorded is all time low since 1960 ..because thanks to tourism and hospitality jobs..people are travelling like crazy because of work from home and summer time. But net income growth is lower than last year as tech industry and high paying job industry slowed down..hence the inflation slowing. In next quarter if industries other than hospitality, airlines don't show promising growth, you will see more layoffs and budget cuts until the profits return. The biggest reason these are showing slow growth is high interest rates and stagnation.

  ..even though there is rise of 4.4 % of rise in salary for tech industry in last one year, inflation raise is much higher to catch up.. showing slow job growth in IT and manufacturing industries.