Sentences with phrase «underlying wage pressures»
It is possible, against a background of increasing inflation and a strengthening labour market, that the survey is signalling some pick - up in underlying wage pressures, but at this stage the extent of any such pick - up is difficult to assess.
https://www.rba.gov.au/ Not exact matches
Slowing underlying wage growth means that there is more pressure for downward adjustments that are facilitated by inflation.
That suggests that underlying inflation pressures from such things as wage increases remain muted.
Even wage growth (which operates with a lag) is starting to move higher while underlying inflation pressures remain persistent.
«We believe that underlying inflationary pressures will gradually ease due to appreciable excess capacity, extended muted economic activity, and ongoing wage moderation amid substantial labour market slack,» he predicted.