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20th Mar 2017 05:22Eurozone, Economic Monitor

One of the key characteristics of this euro area business cycle has been near-zero inflation due to structurally weak domestic demand and depressed prices for globally traded goods and commodities. This has supported real incomes, despite sluggish nominal wage growth.

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inflation domestic demand wages hourly wages employee compensation real wages consumption real wage growth Germany nominal wages unemployment france spain mr. draghi

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Keywords for: 21 March 2017 Real Wage Growth in the Eurozone is Being Hit by Higher Inflation

inflation, domestic demand, wages, hourly wages, employee compensation, real wages, consumption, real wage growth, Germany, nominal wages, unemployment, france, spain, mr. draghi,