The Baltic states have been the leaders in terms of inflation over the past few months. Inflation is not always a tale of economic woe, especially if the income level of the population is able to keep pace with, or even outstrip, the prices of goods and services. However, in our case, income growth over 12 months is significantly lagging behind inflation. Furthermore, this refers to average growth again, but if we were to look at the figures, we would find that in certain professional groups, wage growth is well below the average. Namely, there are people whose wages are already low, money is becoming less valuable and their wages are not being increased, while pandemic bonuses have come to an end. (...)