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UK wage growth outpaces inflation

  • Writer: RCS Ottawa
    RCS Ottawa
  • Feb 15, 2017
  • 1 min read

In the three months to December, wages grew 2.6% on an annualised basis in the UK, according to the Office for National Statistics (ONS).

However, that was slower than the previous period, leading analysts to suggest households could face a "squeeze" on spending later this year.

The ONS also said the jobless rate held steady at an 11-year low of 4.8%.


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