@OliverRakau@ClausVistesen@fwred@CrisisStudent 😂
Specifically its German services that is missing, which is why the s.a. HICP series that do not include services were updated for Jan but not the overall fig & core. They'll be updated Feb 22
Release of ECB Q2 EZ negotiated wage data - the first of three wage measures which we think are key to the central bank’s September policy rate decision to be released - will not be today; the release has now been delayed to tomorrow, at 11am CEST
📈 New wage growth figures through July 📈
🇪🇺 4.4%
🇺🇸 4.7% (and slowing considerably)
🇬🇧 7.3% (finally above inflation)
Latest data on advertised pay from the Indeed Wage Tracker 👇
Lane and Schnabel tomorrow ought to offer some guidance on 25bp v 50bp in May, but remember that talk is cheap before we see the April HICP and Q2 bank lending survey.