Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

7th Jul 2022 15:02Eurozone, Daily Monitor

Wages are rising across the Eurozone’s largest economies, but nowhere near as quickly as inflation.

The squeeze on incomes will ease over the coming months as inflation falls, but it will remain severe.

A wage-price spiral is a risk for markets and the ECB next year, even with ’normal’ real wage growth.

consumer spending core inflation cpi cpi rate ECB gdp data headline inflation income growth italy jobless rate July labour nominal wages pension policymakers public sector q3 q4 real incomes real wage real wage growth real wages savings savings rate spain wage growth wage pressures wages

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research
 

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States

Eurozone

United Kingdom

China +

Emerging Asia

Latin America

Next

 
Consistently Right
Access Key Enabled Navigation
Keywords for: No Wage-Price Spiral this Year, but Next Year Could be Different

consumer spending, core inflation, cpi, cpi rate, ECB, gdp data, headline inflation, income growth, italy, jobless rate, July, labour, nominal wages, pension, policymakers, public sector, q3, q4, real incomes, real wage, real wage growth, real wages, savings, savings rate, spain, wage growth, wage pressures, wages, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence