UK Pay Growth Barely Keeping Up With Inflation

 

Figures released on Wednesday show that British workers' pay growth is barely keeping up with inflation.

Earnings rose by an annual 2.3 percent in the three month period to February.

On Tuesday we had learned that consumer price inflation stood at 2.3 percent in the 12 months to March. For Dec-Feb 2017 wages, after inflation, up 0.2% on a yr inc bonuses and 0.1% exc bonuses, weakest growth since 2014.

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