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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.
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Free AccessMNI BRIEF: Norges Bank Survey: Wage Growth To Accelerate
Norwegian wage growth is expected to pick up this year, accelerating faster than expected in the Norges Bank's March Monetary Policy Report, the latest quarterly business survey shows that
The survey found that all sectors anticipate activity to rise in the next six months and that the estimate for annual wage growth in 2021 was revised up to 2.7% from 2.3% in the previous, February, report. The March Monetary Policy Report projected 2.4% wage growth in 2021 and 2.6% in 2022, with the survey data suggesting an upward revision is likely in June. Moderate wage growth was one factor cited by policymakers in expecting inflation to fall back to just below the 2.0% target this year, but upside pressure may be emerging.
To read the full story
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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.