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US Q1 unit labor costs 4.2% vs 6.0% expected

Prelim was 6.3%Prior was +3.2%Productivity -2.1% vs -2.5% expectedPrior productivity -2.7%These numbers are notoriously tough to calculate but, if anything, they're less inflationary than they initially looked. There's a bid in bonds and the dollar is selling off on this data. This article was written by Adam Button at www.forexlive.com... Read More

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Posted: Jun 1 2023, 12:30

Author Name: forexlive

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