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ESRI: 2024 minimum wage hike caused modest price increases

A new ESRI study finds the 2024 minimum wage increase led to modest price increases, likely in labor-intensive sectors. The magnitude and pass-through rate remain uncertain, but the finding suggests a mild inflationary effect from the policy.

RTÉabout 17 hours agoIEengCredibility 22%View source

Score Breakdown

Mosaic Score2.0
Confidence0.5
Significance0.1
Source credibility0.2
Source

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