Canadian Average Hourly Wages YoY (Dec) Y/Y 3.7% vs. Exp. 4.0% (Prev. 4.0%, Rev. 4%)
The Canadian Average Hourly Wages for December came in at 3.7% year-over-year, slightly below expectations of 4.0% and down from a revised 4.0% in the prior month.
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Mantoverde's union says miners at Chile's mine have rejected the latest wage offer
Canadian Average Hourly Wages YoY (Dec) Y/Y 3.7% vs. Exp. 4.0% (Prev. 4.0%, Rev. 4%)
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This discrepancy suggests potential weakness in wage growth, which could hinder spending and overall economic momentum, and may influence the Bank of Canada's monetary policy stance moving forward.
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