Welcome you to the Twenty second edition of Devmantra Times for the month of December 2022.
Economic Updates: Global monthly wages contracted to 0.9% in first half of 2022 owing to rising inflation. Among advanced G20 countries, real wages in the first half of 2022 are estimated to have declined to -2.2%, whereas real wages in emerging G20 countries grew by 0.8%, which is 2.6% less than the pre-pandemic year of 2019.