While overall wage costs remain contained at present, despite pressures in particular sectors, ongoing strength in demand would pose an increasing risk of acceleration of costs over time. (rba.gov.au)
Turning to the healthcare sector: As you can see above, 3M Co had a good quarter in the region with 7 % organic local currency sales growth, and healthcare focused industrial company Danaher Corporation (NYSE: DHR) reported ongoing strength in China. (fool.com)
While ongoing strength in domestic inflation over the past couple of years has been offset by the disinflationary effect of the large appreciation of the exchange rate in 2002 and 2003, this effect has probably been less than would have been expected based on previous experience. (rba.gov.au)