Real Earnings
Real Earnings
These are released as an absolute value and as a relative index between values of previous and current reporting periods. In order to exclude inflationary factors calculations are made in relation to the base year of 1982. It is one of the inflation indicators connected with an increase . in labour costs. As a factor this indicator is able to considerably influence the Forex market. In cases where a rise in the base interest rate is expected, an increase in this index may become a serious factor contributing to US dollar growth. Although overall it has only a limited influence on the market. The index is released in the middle of every month at 08:30 EST together with the Consumer Price Index (CPI).
