The pace of economic activity in the euro area will depend on the profile of the labor market.Three starting points:1 – Surveys suggest that businesses and households are rather pessimistic. The results are everywhere below…
The inflation rate in the euro area stood at 4.3% in September compared to 5.3% in August. This is the lowest figure since October 2021. The underlying inflation rate was 4.55% compared to 5.3%…
Understand the macroeconomic events of the past week.US inflation, wages in Europe, industrial production in Europe and inflation and foreign trade in China
Employment in the Eurozone increased by 0.5% in the last quarter of 2021. Over one year, it increased by 2.1%. The level of employment is now higher than that seen…
Discussions on wage dynamics in the Euro Area. The momentum is now higher (2%) but not sufficient to push core inflation on the upside. The enigma is not solved yet.…
The minutes of the ECB’s March meeting reflect the central bank’s confidence in economic activity conditions in the euro area. The most noteworthy point reflecting this perception is the removal…
For the English salaryman, the situation is becoming more complex. The higher inflation rate is currently reducing the gap with the nominal wage growth (graph 1). The figure for wages…
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