Pantheon Macroeconomics

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14th Mar 2023 16:30U.K., Daily Monitor

  • Private-sector pay rose at a month-to-month annualised rate of just 2.0% in December and 1.2% in January.
  • The recent slowdown has been echoed by the PAYE data, and can’t be explained by recent strike action.
  • Firms now report recruiting is no tougher than usual; inactive people wanting to work are more numerous.

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Keywords for: 15 Mar 2023 UK Monitor

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