Pantheon Macroeconomics - Investors kicked expectations for the first rise in official interest rates even further into the future when last month's labour market data, revealing a sharp fall in wage growth, were released. But a closer look at the official figures reveals that labour
cost pressures have remained robust, cautioning against making a snap reaction if even weaker wage data are released on Wednesday.

U.K. Documents | 15 Dec. 2015 Dip in Wage Growth Hasn't Lessened the Pressure on the MPC
Investors kicked expectations for the first rise in official interest rates even further into the future when last month's labour market data, revealing a sharp fall in wage growth, were released. But a closer look at the official figures reveals that labour cost pressures have remained robust, cautioning against making a snap reaction if even weaker wage data are released on Wednesday.

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15 Dec. 2015 Dip in Wage Growth Hasn't Lessened the Pressure on the MPC

By Samuel Tombs

Investors kicked expectations for the first rise in official interest rates even further into the future when last month's labour market data, revealing a sharp fall in wage growth, were released. But a closer look at the official figures reveals that labour cost pressures have remained robust, cautioning against making a snap reaction if even weaker wage data are released on Wednesday.

Posted: 15th Dec 2015 in 'U.K. Documents'

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