InvestorsHub Logo

Zephyr

01/31/14 9:03 AM

#628234 RE: Zephyr #628233

Employment Cost Index
Released On 1/31/2014 8:30:00 AM For Q4:13
Prior Prior Revised Consensus Consensus Range Actual
ECI - Q/Q change 0.4 % 0.4 % 0.4 % 0.2 % to 0.8 % 0.5 %
ECI - Y/Y change 1.9 % 2.0 %
Highlights
Employee costs, up 0.5 percent in the fourth quarter for a plus 2.0 percent year-on-year rate, remain subdued and in line with other readings on inflation. Wages & salaries, reflecting year-end bonuses, did rise a noticeable 0.6 percent in the quarter, though the year-on-year rate, at plus 1.9 percent, remains modest. Benefits also rose 0.6 percent in the quarter, down from 0.7 percent in the prior quarter, with the year-on-year rate at plus 2.2 percent.