Wednesday, December 23, 2015

Global wage growth robust at 2.5% real in 2015 but varies considerably by region



India 4.7%, China 6.2% and Asia overall 3.5%. World 2.5%. Germany 2.5%. Africa 8%.
Low inflation is creating an illusion of stagnant salaries in some countries. In reality, wage growth is the best since 2008, but skewed toward Africa and Asia.
Lincoln

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