The June Job Opening and Labour Turnover survey provided more evidence that labour market conditions are tightening, which will keep wage growth on a steady upward trend. With few signs of a sustained upturn in productivity growth, that will push core inflation higher over the next year or so.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services