Changing Places, Changing Prices – Impact of Inflation

Expat Academy Changing Places, Changing Prices - Impact of Inflation Have your assignees ever asked, “The price of gas went up 20%, so why hasn’t my cost-of-living allowance (COLA) increased to match?”

Inflation is the change in price of goods and services over time. While exchange rates tend to receive most of the focus, inflation can have just as big an impact on allowances but is often less understood. Let’s look at how inflation can impact your assignees’ COLAs and give you a strong foundation to answer questions as they arise!

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