Eurozone wages data ease slightly in Q4 2023 ...Middle East

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Eurozone wages data ease slightly in Q4 2023
That fits with rough expectations as noted earlier here. And it reflects a drop from the 4.7% y/y reading seen in Q3 2023. But as mentioned earlier as well, this shouldn't change anything. The main thing now is how the ECB wants to work off this narrative and it looks like they might want to wait on Q1 2024 data before confirming any policy pivot. This article was written by Justin Low at www.forexlive.com.

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