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Atlanta Fed wage growth tracker rises to 6.4% in March from 6.1% in February

The Atlanta Fed Wage growth tracker moved up to +6.4% in March versus 6.1% in February.. The tracker is a three month moving average of the median wage growth. For people who changed jobs, wage growth increased by 7.3% versus 6.7% previouslyFor people not changing jobs the wage gains were 5.9% versus 5.8%This report is not good news for future inflation. Yesterday CPI YoY fell from 6.0% to 5.0%. The PPI YoY moved from 4.9% to 2.7% this month after a fall of -0.5% for the month. That decline repl... Read More

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Atlanta

Wage

Growth

Tracker

Rises

March

From

February

Forex

Posted: Apr 13 2023, 16:42

Author Name: forexlive

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