Euro-zone labour costs rise - inflation stable - by Aoife White
Labour costs in the 13 nations that use the euro rose 2.2 per cent in the first three months of 2007 compared with a year ago, the European Union's statistics agency said Thursday. The Eurostat agency also confirmed May inflation held steady at 1.9 per cent, signifying that wages are now growing ahead of inflation. For more Eurostat information click on their link at the right-hand side of EU-Digest.
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