Euro Area Labour Cost Index YoY
In the Euro Area, the Labour Cost Index provides a short-term indication of the development of hourly labor costs experienced by employers in nominal terms, that is, without taking into account price developments. It is computed by dividing the cost of labor in national currency by the number of hours worked in that currency. In order to measure quarterly variations in hourly employers' expenses, total labor costs and their primary components: wages and salaries; and nonwage expenditures are taken into consideration (labor costs other than wages and salaries). Wage and non-wage expenditures, as well as subsidies, are included in total labor costs (TOT). However, they do not cover expenditures for occupational training or other expenses such as recruitment charges, expenditures for working attire, and so on.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.
Komunikācijas apskats (EUR)
| Simbols | Kopienas Trend (Shorts vs Longs) | Simbolu popularitāte | Vid. pārdošanas cena / Distance no cenas | Vid. pirkšanas cena / Distance no cenas | Pašreizējā cena | |
|---|---|---|---|---|---|---|
| EURUSD |
|
|
1.0805 -61 pips |
1.0901 -35 pips |
1.08661 | |
| EURAUD |
|
|
1.6234 -39 pips |
1.6379 -106 pips |
1.62725 | |
| EURJPY |
|
|
161.7191 -714 pips |
166.9655 +190 pips |
168.861 | |
| EURCAD |
|
|
1.4720 -75 pips |
1.4800 -5 pips |
1.47952 | |
| EURCHF |
|
|
0.9670 -177 pips |
0.9952 -105 pips |
0.98471 | |
| EURCZK |
|
|
24.7563 +567 pips |
25.0656 -3660 pips |
24.69960 | |
| EURGBP |
|
|
0.8571 -5 pips |
0.8610 -34 pips |
0.85764 | |
| EURHUF |
|
|
383.4107 -330 pips |
388.0245 -132 pips |
386.71 | |
| EURNOK |
|
|
10.8348 -7902 pips |
0 +116250 pips |
11.6250 | |
| EURNZD |
|
|
1.7702 -56 pips |
1.7879 -121 pips |
1.77577 |
News (EUR)
EU Projects Eurozone To Log Gradual Growth, Inflation On Track To Target
The European Commission projected the euro area economy to stage a gradual growth amid geopolitical risks and expects inflation to be on the track to hit the target. In the latest Spring economic forecast, released Wednesday, the commission said the single currency bloc will grow 0.8 percent this year, same as the Winter interim forecast.
RTTNews | 1 day ago
German ZEW Investor Confidence Improves More Than Expected
Investor sentiment in Germany grew for a tenth month and at a faster than expected pace in May to its highest level in over two years, on hopes of an interest rate cut by the European Central Bank in June and an increase in export demand from China, results of a survey revealed Tuesday. The ZEW Indicator of Economic Sentiment for Germany climbed to 47.1 from 42.9 in April.
RTTNews | 2 days ago
German Industrial Production Declines In March
Germany's industrial production declined for the first time in three months in March driven by the decreases in consumer and intermediate goods output, official data revealed Wednesday. Industrial production declined 0.4 percent on a monthly basis, in contrast to the 1.7 percent increase in February, Destatis reported.
RTTNews | 8 days ago
