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Low inflation to give biggest global pay boost in three years: study
December 8, 2015 by admin · Leave a Comment
The slowing world economy looks set to get a boost from stronger consumer demand next year, as low inflation boosts the real value of workers' pay rises to a three-year high, a survey said on Tuesday. A plunge in oil prices has pushed inflation sharply lower, and means real wages are predicted to rise by an average of 2.5 percent…
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Low inflation to give biggest global pay boost in three years: study