Quarterly labour cost and wage data for the Eurozone 18 June 2015
Wages jumped in the first quarter in the Eurozone posting a 2.2% y/y rise vs a 1.0% rise previously. That was revised up to 1.1%
Labour costs were also higher by the same amount following a 1.1% rise prior. This was also revised up to 1.2%
There's been no reaction to the data which is lagging but it is another positive sign for inflation and the economy
Here is where costs have been rising the most
Eurozone labour costs breakdown
Eurozone 19 and 28 state labour costs
