Good news for inflation outlook

The inflation outlook should be more favourable for the investors' community after the good data provided today:

U.S. worker productivity grew at the fastest rate in almost a year last quarter and labor costs rose at a slower pace, suggesting wages may pose less of an inflation threat.

The 3 percent gain in productivity, a measure of how much an employee produces for each hour of work, followed a revised 0.1 percent decline in the third quarter, the Labor Department said today in Washington. A measure of labor costs increased 1.7 percent after rising 3.2 percent.

Bloomberg.com: U.S. Economy: Productivity Accelerates, Cost of Labor Slows

Wait for the market reaction. Normal mode is UP. And if the data flow goes further this way - not only for today...