Wages Growth Slows As Unemployment Tumbles




Summary


FRESH evidence that inflation pressures remain subdued emerged today with news of an unexpected fall in pay-packet growth.

Average earnings in the three months to July were 3.8% higher than a year ago, down sharply from 4.3% in the three months to June, due mainly to lower bonuses than a year ago.

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Wages Growth Slows As Unemployment Tumbles

The deceleration came des...

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