18 Dec 2019 Labour Market Data Remain Strong Enough to Keep Rate Cuts at Bay

Samuel Tombs (UK Economist)17th Dec 2019 13:10U.K., Economic Monitor

The labour market remains healthy enough to persuade the MPC to keep its powder dry over the coming months.

average weekly wages bank bank rate bonuses borrowing cbi cbi industrial trends survey composite pmi confidence consumer consumer confidence consumer prices cpi current account current account deficit cut rates deficit distributive trades survey economy employee numbers employment funds gains gdp gdp growth gfk gfk consumer confidence gilt government growth growth rate headline rate house prices inflation it jobs labour labour market labour market data LIBOR manufacturing manufacturing pmi market members mpc national accounts ONS orders outlook output pmi pmis prices producer prices public finances public sector rate cuts rates remain retail retail sales rpi sales sector self-employment services services pmi survey total orders unemployment wage wage growth wages weekly wages

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