Inflation is outpacing wage growth in Minnesota.  DEED Commissioner Steve Grove:

“It remains a real challenge in Minnesota. We’ve seen inflation on the CPI index up by 7.5 percent the last we checked but I believe this morning the numbers are more like 7.9 percent over the year.  And when you compare that to wage growth in Minnesota which is only 6.7 percent over the last year, inflation is out growing wage growth and that remains a challenge.”