PRICES AND WAGES
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PRICES AND WAGES Japan has suffered five consecutive months of deflation: consumer prices fell by 0.3% in the 12 months to June. Swiss consumer prices rose by 0.7% in the 12 months to July. Producer prices in France, Italy and the Netherlands all fell in the 12 months to June. Swedish workers had a wage increase of 1.3% in the 12 months to May, a rise of 1.4% in real terms.
This article appeared in the Economic & financial indicators section of the print edition under the headline “PRICES AND WAGES”
From the August 7th 1999 edition
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