> I don't think wages should be excluded from claims about price inflation, especially in non industrial economies heavily reliant on cheap labour. As I read y

> I don't think wages should be excluded from claims about price inflation, especially in non industrial economies heavily reliant on cheap labour. As I read your quote above, it sounds to me like "increased spending on labour" refers to an increase in the quantity of labour demanded, more than an increase in the hourly wage. That's consistent with both economic improvement and low inflation.