Average Hourly Earnings (YoY): 3.2%

Actual3.2%

Forecast3.5%

Previous3.5%

Surprise -2.14σ

VerdictBELOW FORECAST

ReadBonds neutral · Equities neutral

Average Hourly Earnings (YoY) — Actual 3.2%, forecast 3.5%, prev 3.5%. BELOW FORECAST · -2.1σ. Bonds neutral · Equities neutral.

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