Unit Labor Costs: 1.3

Actual1.3

Forecast2

Previous1.8

Surprise -0.78σ

VerdictBELOW FORECAST

ReadBonds neutral · Equities neutral

Unit Labor Costs — Actual 1.3, forecast 2, prev 1.8. BELOW FORECAST · -0.8σ. Bonds neutral · Equities neutral.

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