Pantheon Macroeconomics - The stand-out news from August's labour market report was the pick-up in the headline three-month average rate of year-over-year growth in average weekly wages, excluding bonuses, to 3.1%--its highest rate since January 2009--from 2.9% in July.

U.K. | 17 October 2018 The MPC Needn't Accelerate its Tightening Plans to Tame Wages
The stand-out news from August's labour market report was the pick-up in the headline three-month average rate of year-over-year growth in average weekly wages, excluding bonuses, to 3.1%--its highest rate since January 2009--from 2.9% in July.

Sorry, but our website is best viewed on a device with a screen width greater than 320px. You can contact us at: info@pantheonmacro.com.

17 October 2018 The MPC Needn't Accelerate its Tightening Plans to Tame Wages

By Samuel Tombs

The stand-out news from August's labour market report was the pick-up in the headline three-month average rate of year-over-year growth in average weekly wages, excluding bonuses, to 3.1%--its highest rate since January 2009--from 2.9% in July.

Posted: 16th Oct 2018 in 'U.K.'

This document is only available to subscribers of our UK Economic Research.

Request a complimentary trial or login here

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release. To activate a complimentary trial on any of these areas, please click here.

U.S. Economic ResearchEurozone Economic ResearchLatin America Economic ResearchUK Economic ResearchAsia Economic Research

« Go back to publications list, or Click here to register for a complimentary trial
Consistently Right

Access Key Enabled Navigation

Keywords for: U.K. | 17 October 2018 The MPC Needn't Accelerate its Tightening Plans to Tame Wages

wage growth, nhs workers, pay, job growth, inflation, inflation expectation, wage growth, mpc, national living wage, awe, private sector wages, labour supply, nhs, nhs workers, nlw, public sector wages, pay rise, productivity growth, yougov, citi, household inflation, employment, sterling, depreciation, pantheon macroeconomics, pantheon, macroeconomic, macroeconomics, independent analysis, independent macroeconomic research, independent, analysis, research, economic intelligence, economy, economic, economics, economists, , Ian Shepherdson, financial market, macro research, independent macro research