US Q3 unit labor prices +zero.eight% vs +1.5% anticipated
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- Prelim was +1.9%
- Prior was +2.four%
- Productiveness +2.2% vs +2.2% anticipated
- Prior was +2.1%
US productiveness has been spectacular and will have implications for financial coverage but it surely’s not a short-term market mover. The drop in unit labor prices is disinflationary.
This text was written by Adam Button at www.ubaidahsan.com.
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