MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: PBOC Net Injects CNY57 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1315 Fri; -0.52% Y/Y

CHINA PBOC CONDUCTS CNY59 BILLION VIA 7-DAY REVERSE REPOS FRI

Intermediate PPI Deflation Continues To Fade in June

MNI: GERMANY JUNE PPI  +0.2 % M/M (+0.1% FCAST, 0.0% PRIOR)

Disappointing data but no market reaction

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

ECB: SPF Sees Increased Wage Growth Forecasts

ECB
BundesbankCentral Bank NewsFixed Income BulletsCEEMEAEurozoneGermanyBulletGlobalEuropean Central BankForeign Exchange BulletsRegion

ECB SPF on compensation per employee growth:

"Expectations for annual growth in compensation per employee were revised upwards by 0.5 percentage points for 2024 and 0.2 percentage points for 2025, to 4.5% and 3.4% respectively. The upward revisions were explained by stronger than previously expected outcomes, as well as increases in public sector wages and in minimum wages in some countries, plus more persistence looking ahead than previously expected."

68 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

ECB SPF on compensation per employee growth:

"Expectations for annual growth in compensation per employee were revised upwards by 0.5 percentage points for 2024 and 0.2 percentage points for 2025, to 4.5% and 3.4% respectively. The upward revisions were explained by stronger than previously expected outcomes, as well as increases in public sector wages and in minimum wages in some countries, plus more persistence looking ahead than previously expected."