Market services Labour costs comprise about 40 per cent of final market services prices, which means that wages growth is a key determinant of the pace of market services inflation. Market services inflation and wages growth were both growing strongly in the run-up to the terms of trade peak in 2011 (Graph 12).
Though the above mentioned figures do indicate a healthy growth in number and volume of corporate bond market activity, in comparison with government bonds market, the corporate bond market is dwarfed.