Sentences with phrase «wage deflation in»

Spain probably needs a comparable adjustment, but that adjustment, if it can happen at all, will require years of grinding wage deflation in the face of high unemployment.

Spain's household savings rate fell to its lowest level on record in the third quarter of last year as high unemployment and wage deflation in the latest recession obliged them to devote more of their disposable income to consumption, according to figures released Wednesday by the National Statistics Institute (INE).

Not exact matches

But that is what would have to happen, because the current consumer price deflation of -0.3 percent can not be stopped, and reversed, without rising employment creation, accelerating wage claims and a sustained increase in the growth of domestic demand.

Uncertainty shock = lower US GDP estimates; markets will price in EU fragmentation; Fed likely to pass in Dec; ultimate growth impact of Trump will depend on whether his protectionism or Keynesianism triumphs; either way Trump will boost inflation / stagflation expectations as electorates say end wage deflation via immigration controls, trade protectionism, fiscal spending.

US election + BREXIT = populist repudiation of era of inequality, globalization, wage deflation; cements BofAML themes of peak Liquidity, Inequality, Globalization + Main St over Wall St. Electoral trends could mark secular low in long - term bond yields (Chart 1).

Wage deflation is to go hand in hand with debt deflation and tax increases to shrink the economy.

With Japan's unemployment rate now at its lowest in 23 years, moreover, wage growth should gradually pick up, further helping the country break out of its pattern of deflation.