Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The most recent announced value for Labor Cost was 5.1% against a forecast of 4.9%.
Recent economic data has been moderately bearish for EUR. Other recent announcements which may affect the market's interpretation of the next Labor Cost result:
Country: | Eurozone |
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Currency: | EUR |
Source: | Eurostat |
Category: | Labor Market |
Frequency: | Quarterly |