Eurozone wage moderation paves way for new rate cuts in September, but not inflation
Wages across the eurozone will accumulate two quarters of purchasing power gains in 2024 of 1 and 1.9 percentage points.
Spain distances itself from the community trend by making two purchasing power adjustments over the same period: 0.65 and 0.32 percentage points.
In three weeks, the European Central Bank (ECB) will have to make a new decision on what to do with interest rates. To do this, he will rely on the latest data on economic growth, inflation and wages. It was the latter that provided a respite in…
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