breakout

Econosights – wages breakout

Australia’s labour market has held up better than expected, despite the biggest interest rate hiking cycle since the late 1980s. Recently released data on newly lodged Enterprise Bargaining Agreements are showing a spike in wages growth which are increasing concerns that a wages breakout will threaten the inflation outlook.

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Econosights: Should we be worried about an inflation breakout? | AMP Capital

Econosights: Should we be worried about an inflation breakout? Key points Current inflation concerns reflect a rise in consumer goods prices and a spike in energy costs. Most of the factors driving higher inflation reflect COVID related disruptions and should be temporary. But the inflation data is still likely to remain elevated over coming months. While a few central banks are starting to remove some monetary policy accommodation in response to inflation concerns, we don’t …