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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.
EUROZONE DATA
- Diverging wage trends are seen across countries. In Germany, the 3mma Y/Y tracker rose to 3.9% in July (vs 3.4% prior). This comes after actual German nominal wages eased to 2.7% Y/Y in June from 6.9% in May (see our earlier post for details).
- In France 3mma Y/Y wages eased for the 12th consecutive month to 1.9% (vs 2.2% in June, 4.7% in July 2023). This follows an easing of French basic monthly salary growth to 2.9% Y/Y in Q2 (vs 3.3% in Q1).
- Spanish wages rose 4.3% Y/Y (vs 4.0% prior) while Italian pay growth was 3.2% (vs 3.4% prior). However, the Indeed sample size is much smaller for these countries compared to France/Germany.
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.
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