Wages breakout a sign of inflation?

22 August 2016

 

YieldReport loves a good chart where two separate economic variables line up with each other, thereby illustrating a firm relationship between the two. After the release of wage inflation figures, Citi Research put together a chart of the unemployment rate against private sector hourly wage inflation. Citi thinks there’s a good fit between the two or, for the technically minded, a high correlation and their chart seems to indicate this....

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