US Q3 employment cost index 0.7% vs 0.7% exp

US Q3 employment cost index data now out 31 Oct
– 0.5% prev
– employment benefits qq 0.8% vs 0.6% prev
– employment wages qq 0.7% vs 0.5% prev
All very much in line with expectations but better than prev. Stats office saying Hurricanes Harvey and Irma had minimal impact on data collection in the September 2017 reference period