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29.04.2016 21:45

U.S. employment cost index rises 0.6% in first quarter

The U.S. Bureau of Labour Statistics released its employment cost index on Friday. The U.S. employment cost index rose 0.6% in first quarter, after a 0.5% gain in fourth quarter.

Wages and salaries increased 0.7% in the first quarter, after a 0.6% rise in the fourth quarter, while benefits payments climbed 0.5% in the first quarter, after a 0.7% increase in the fourth quarter.

Market focus

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  • Eurozone Composite PMI fell from 52.7 in November to 51.3 in December, its lowest since November 2014
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