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Euro-Zone Pay Growth Stays Firm in First Quarter, Citigroup Says [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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(Bloomberg) -- Negotiated wages in the euro area probably failed to slow in the first quarter, thanks mostly to an acceleration in Germany, according to Citigroup economists. Most Read from Bloomberg US and Saudis Near Defense Pact Meant to Reshape Middle East Biden Calls Ally Japan ‘Xenophobic' Along With China, Russia Saudi Arabia Steps Up Arrests Of Those Attacking Israel Online Tesla Axes Supercharger Team in Blow to Broader EV Market Huawei Secretly Backs US Research, Awarding Millions in Prizes Pay is forecast to have risen by an annual 4.5% in the three months through March, according to a calculation based on national numbers from most of the bloc's biggest economies, analysts Christian Schulz and Giada Giani said in a report on Thursday. That's largely because of a 5.6% gain in Germany, where public-sector workers received large one-off payments. Growth in negotiated wages slowed in the fourth quarter from a record reached earlier in the year. An official upd
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