EMU DATA: 1q total hourly labour costs +2.6% y/y; 4q.

EMU DATA: 1q total hourly labour costs +2.6% y/y; 4q +1.5%; 3q +1.0%:
Eurostat.
— EMU 1q hourly wages and salaries +2.3% y/y; 4q +1.4%; 3q +0.9%
— EMU 1q non-wage labour costs +3.6% y/y; 4q +1.8%; 3q +1.2%
— For more information, please see MNI Mainwire