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French Wages Rise Less than Expected in Q3 |
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European Economy |
Written by CEP News |
Nov 14 08 07:22 GMT |
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(CEP News) Frankfurt - Wages in France rose on average 0.7% in the third quarter of 2008 compared to the previous quarter, down from both the 0.8% growth rate expected and Q2's monthly rise of 0.9%, according to preliminary estimates from the French National Employment Agency.
In a report issued on Friday, the employment agency said that wages in the industrial sector excluding construction (+0.6%) rose 0.6% in Q3, with the service sector wages rising 0.7%. By Todd Wailoo,
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, edited by Stephen Huebl,
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