Advertisements

Wage growth fails to overtake inflation again

People walking across Canary Wharf Image copyright Getty Images

Wages in the three months to February rose by 2.8%, unchanged from the three months to January.

The figure was weaker than forecast but was still the highest since September 2015.

Inflation over the period, as measured by the consumer price index, was around 2.9%.

Unemployment fell by 16,000 between December and February to 1.42 million, according to the latest Office for National Statistics figures.

The number of people in work has reached a record high of 32.2 million.

https://moreukhosting.net/cart.php?gid=2

Advertisements

Be the first to comment on "Wage growth fails to overtake inflation again"

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: