- Prior -0.1%. Revised to -0.4%
- Productivity costs -1.7% vs -1.0% exp. Prior +1.8%. Revised to 2.3%
Labour costs post the biggest rise since Q4 2012 and productivity the biggest fall since Q1 2013. That’s some disinflationary pressure off from the labour side anyway.
US labour costs 07 05 2014
Here is the full rundown plus Q4 2013 revisions
US productivity costs breakdown and revisions 07 05 2014
The hourly compensation is up across the sectors which will be welcome on the wage front. Again, it takes some further steam out of the possibility of falling inflation.
