Eurozone Q3 2017 wage costs 1.6% vs 2.0% prior y/y

Eurozone Q3 labour/wage costs and October construction output 19 December 2017

• Prior revised to 2.1%
• Labour costs 1.6% vs 1.8% prior y/y

Where’s the inflation gone?

Construction output

• -0.4% vs 0.1% prior m/m
• 2.0% vs 3.1% prior y/y. Revised to 3.5%

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Ryan Littlestone

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