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SPEU - Will Eurozone Wage Growth Accelerate Despite The Economic Slowdown?
SPDR® Portfolio Europe ETF
According to the European Commission’s estimates, the unemployment rate has even dropped below the natural rate of unemployment, the rate below which wage growth is set to rise.
The recent surge in inflation will exert less upward pressure on wages than it would have done in the past.
The war in Ukraine will surely be a game-changer for economic growth in 2022.