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Said it would be this way and in the US. It was the same. One quick | :14:10. | :23:28. | |
question. My interpretation of the report is you seem to be suggesting | :23:29. | :23:40. | |
that with the, growth will also call, which will have an impact on | :23:41. | :23:47. | |
budgets. Fundamentally, it is productivity growth that drives wage | :23:48. | :23:56. | |
growth. We're looking at a period of lower wage growth? Yes, lower trend | :23:57. | :24:02. | |
product over the growth goes through to lower output growth, which leads | :24:03. | :24:11. | |
to that. On the income side, it shows up in wages and expenditure, | :24:12. | :24:15. | |
and consumer spending and business investment. -- business investment. | :24:16. | :24:28. | |
That is where we have to leave this. You can find more on the website. | :24:29. | :24:31. |