US Q3 unit labor costs +0.8% vs +1.5% expected ...Middle East

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US Q3 unit labor costs +0.8% vs +1.5% expected
Prelim was +1.9% Prior was +2.4%Productivity +2.2% vs +2.2% expectedPrior was +2.1%US productivity has been impressive and could have implications for monetary policy but it's not a short-term market mover. The drop in unit labor costs is disinflationary. This article was written by Adam Button at www.forexlive.com.

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