US Q3 prelim unit labor costs -0.8% vs +0.7% expected ...Middle East

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US Q3 prelim unit labor costs -0.8% vs +0.7% expected
source : forex live ( Middle East ) () 19
Prior was +2.2% (revised to +3.2%)Q3 productivity +4.7% vs +4.1% expectedPrior productivity +3.5% (revised to +3.6%)The plain takeaway from this data is that it's disinflationary as productivity surges but measuring it is notoriously difficult so I'd be careful trading on this data. This article was written by Adam Button at www.forexlive.com.

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