Eurozone negotiated wage development seen accelerating in Q3

That is a bit problematic for the ECB as pay development is seen accelerating as soon as once more. That’s unlikely to place off a December fee lower although because the wages information right here hasn’t actually translated to any vital reacceleration in client costs. So, the hope for policymakers is that wage pressures ought to fade going into subsequent yr. However we’ll see.

This text was written by Justin Low at www.ubaidahsan.com.



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