13:16 EDT - June was the second-slowest month for job creation of the
past 10 years for Brazil, but the service sector continues to add new
positions at a fast pace. That will continue to put pressure on
service prices, says Nomura, contending inflation in that space will
remain stubbornly high until the supply of services increases. The
investment bank predicts that process could take longer than
previously expected. (jeffrey.lewis@dowjones.com)
(END) Dow Jones Newswires
July 23, 2012 13:16 ET (17:16 GMT)
No comments:
Post a Comment