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Technology Stocks : eidos--maker of Tomb Raider
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To: CuttotheCore who wrote (1231)8/13/1998 5:12:00 PM
From: Bleeker   of 1773
 
One encouraging sign on the UK wage front: the rate of annual wage
increase dropped to 5% in May from 5.6% in April. It's the first
drop in the rate of wage growth this year and this is the most
recent data on the series. So the BoE may talk tough on the need
to be vigilant against inflation but we may have actually seen a
peak in wage driven inflation. We'll know in a couple of months.
The increase in the rate of wage growth also slowed in the March
to April period.

Bleeker
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