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Labour costs up again, productivity still falling

Private consumption expenditure growth slows to 1.2%

Published Tue, Nov 25, 2014 · 09:50 PM
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Singapore

SINGAPORE's overall unit labour cost rose 4.4 per cent in the third quarter of 2014 - its fastest pace in over a year - as the effects of restructuring policies that are keeping the labour market tight continue to work their way through the economy.

While the desired outcomes of these policie…

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Singapore productivity

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