Sentences with phrase «growth in labour costs»

Furthermore, the NAB quarterly business survey reported that year - ended growth in labour costs was essentially unchanged in March, and is expected to remain roughly constant in the June quarter.

On the one hand, the ongoing evidence of tightness in the labour market suggests that growth in labour costs may pick up faster than is assumed in the current forecast.

Some pick - up in inflation is likely in 1998 as the favourable exchange rate effects pass but, provided growth in labour costs is not excessive, price inflation should remain within the 2 to 3 per cent range.

The slowing in wage growth across all industries has meant that firms have experienced relatively slow growth in their labour costs.

In turn, slower growth in labour costs is having a beneficial effect on international competitiveness.

Weak economic conditions in the past couple of years have seen growth in labour costs slow to 2 1/2 per cent over the year to the December quarter, from 3 1/2 per cent a year earlier.

Not exact matches

Long - term interest rates are currently low due to low global inflation expectations and moderate growth potential in Canada due to lower oil prices, a heavily indebted household sector and a weakened manufacturing base due to relatively high unit labour costs.

Growth in the all - important US services sector slowed for a third straight month in April, according to a closely watched survey, as optimism over the state of the American economy is tempered by concerns over labour shortage and rising input costs.

Looking forward, the survey also suggests that businesses expect a modest pick - up in growth of labour costs in the September quarter.

The September quarter NAB survey finds that labour cost growth picked up to 0.7 per cent in the September quarter, although respondents expect it to return to around 0.5 per cent in the December quarter.

Low overall inflation has, to a large extent, been a result of relatively subdued growth in unit labour costs.

The NAB survey indicates that the growth of labour costs has picked up over the year to June, though the rate of growth in this series is still quite low.

Outgoing Coles managing director John Durkan, who is set to hand the reins to Steven Cain before the demerger, still expects the retailer to return to profit growth in the June half despite a «small headwind» from higher labour costs.

Strong growth in productivity may continue to restrain growth in unit labour costs to a greater extent than expected, though productivity growth in the past year has been below that in the preceding few years.

Strong productivity growth, combined with moderating wage growth and ample spare capacity in the economy, led to unit labour costs falling by 1.7 per cent over the year to the December quarter.

In addition, labour market conditions have tightened over recent months, as seen in the above - trend growth in employment in the December quarter, the fall in the unemployment rate and reports of labour shortages and pressure on non-wage costIn addition, labour market conditions have tightened over recent months, as seen in the above - trend growth in employment in the December quarter, the fall in the unemployment rate and reports of labour shortages and pressure on non-wage costin the above - trend growth in employment in the December quarter, the fall in the unemployment rate and reports of labour shortages and pressure on non-wage costin employment in the December quarter, the fall in the unemployment rate and reports of labour shortages and pressure on non-wage costin the December quarter, the fall in the unemployment rate and reports of labour shortages and pressure on non-wage costin the unemployment rate and reports of labour shortages and pressure on non-wage costs.

[4] Non-tradable inflation was elevated during the boom years and growth in nominal unit labour costs was relatively strong for most of this period.

While «outsourcing» for low - cost labour may have motivated outward investment in the last decade, the new driver of investment is clearly domestic economic growth in Asia.

Most labour cost indicators continued to signal solid wages growth in the March quarter.

Most labour cost indicators suggest that wages growth edged up in the second half of 2003, consistent with signs that labour - market conditions remain firm.

On its own, however, faster economic growth will not do enough to reduce unemployment significantly, unless it is accompanied by moderation in growth of labour costs.

The international comparisons shown here suggest, however, that growth in unit labour costs in Australia has still been on the high side over the past couple of years, given the rate of unemployment.

Core inflation has drifted higher over the past year, as slowing productivity growth has pushed up growth in unit labour costs, albeit from a very low level.

The profits recovery has been driven by continued strong productivity growth in conjunction with subdued compensation growth (due to the weak labour market), which has seen unit labour costs fall by 5 per cent since June 2001 — the largest fall on record (Graph A4).

Unit labour costs (based on compensation per hour worked) grew by 1.3 per cent in the June quarter to be 2.8 per cent higher over the year, which is around the average growth rate of the past few years.

Their growth was accelerated by a rapid increase in exports to industrialised countries with whom they successfully competed thanks to low labour costs.

Similarly, I've argued that Labour should focus on growth as well as the cost of living; in other words, making the economic pie bigger, in addition to sharing it more equitably; being a party of increased production, not simply fairer distribution.

As for VOF itself, it trades on a 0.81 Price / Book multiple, despite an aggressive & ongoing share buyback programme — I see plenty of gains ahead in terms of NAV growth & discount compression, as Vietnam continues to leverage & benefit from its labour / cost export advantage, and (just as importantly) its burgeoning domestic consumer economy.

When considering changes to labour and employment standards legislation, BC policy - makers need to be mindful of the cost impact on employers, pay attention to developments in other jurisdictions, and avoid taking actions that could jeopardize the strong economic growth and robust job creation the province has enjoyed in recent years.

While surviving the declined labour productivity in the last two quarters, the first quarter statistics revealed a modest but hopeful increase by 0.3 % for Canadian businesses, with a decrease in costs by 1.8 %, attributed in some way to the slight, but slowed growth in hourly compensation.

It is anticipated that a continuing tight labour market, robust income growth and high levels of consumer confidence will help to offset the dampening effect of rising mortgage carrying costs on the demand for new and existing homes in B.C. Housing starts should decline from 39,195 units in 2007 to 33,250 in 2008 and 31,700 in 2009.