PRESIDENT of the Jamaica Manufacturers and Exporters Association (JMEA) John Mahfood says he’s expecting employees to start pushing for higher wages as inflationary pressures takes it toll, but he questions whether all employers would be able to acquiesce to the demand.
Inflation has been running above the Bank of Jamaica’s target range of 4 per cent to 6 per cent since August last year. It peaked in April at 11.8 per cent but has declined steadily since, though it remained at an uncomfortably high 9.3 per cent.