Average Hourly Earnings (YoY): 3.1%

Actual3.1%

Forecast3.0%

Previous3.2%

Surprise +0.71σ

VerdictABOVE FORECAST

ReadBonds neutral · Equities neutral

Average Hourly Earnings (YoY) — Actual 3.1%, forecast 3.0%, prev 3.2%. Surprise: ABOVE FORECAST by 0.7 sigma. Desk read: Bonds neutral · Equities neutral.

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