Reuters with the info, on a survey covering wage negotiations:
- data based on 145 pay settlements covering 370,000 employees
- employers offered
average annual pay settlements of 4.9% in the three months to
June, unchanged from the previous month
The implication:
- strong wage growth that may sustain the
Bank of England’s inflation worries
More here:
—
The Bank of England meet on August 1.
This article was written by Eamonn Sheridan at www.forexlive.com.
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