JPMorgan expects a rise in wages in developed countries


In the richest developed countries of the world, the growth rate of wages in the second quarter of this year accelerated and reached a maximum value since the beginning of the global recession in 2009. According to JPMorgan Chase, in the US, the European Union and Japan, where unemployment is falling, wages on average have grown by 2.5%. The bank predicts that in 2019, these countries will show an increase in growth rates to 3%. The growth of salaries will positively affect the rise of the global economy and may cause a more rapid tightening of the monetary policy of central banks. The average wage in the euro area increased by 2.2% in the second quarter in annual terms for the first time since 2012. The growth of salaries in the UK reached a maximum of 3.1% in 2015.

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