While
modest wage inflation bodes well for the Japanese stock market on average, the sectors best positioned to benefit are those in which wages as a percentage of revenue are low, typically in the single to low - double digits.
Not exact matches
While
wage pressures remain
modest, core
inflation is below target and
inflation expectations are contained almost everywhere, the implication is that they should all rise over time.
Expect the Federal Reserve to raise its interest rate targets once between now and then — but only once, as U.S. economic growth stays steady but slow, while
inflation and
wage growth also remain
modest.
Quite simply, sustained economic growth requires
wage growth and
modest inflation (4 - 4.5 %).
In a news release the National Employment Law Project refers to state proposal to increase the minimum
wage to $ 8.50 and then tie future increases to the rate of
inflation a «more
modest proposal» — which is probably news to Assembly Speaker Sheldon Silver, the main backer of the bill since January.
The assemblyman's office noted he had co-sponsored a measure that would peg the then - $ 8 hourly minimum
wage to the urban
inflation rate, which has increased by an average of 1.7 percent annually over the last five years (and only increased by a tenth of a percent in 2015)-- which would have resulted in a far more
modest rise in the pay floor.