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Strong Wage Wage Growth in three months to January to the information that will provide economics
Annual growth of weekly income, excluding bonuses, 3,9 percent in January, Thursday. The figures are in line with economic expectations.
Including the bonus, the growth of wages during the time of time is slightly decreased up to 5.8 percent, from 6.1 percent in October to December.
Separate figures based on the tax record that shows the employment of the economy is more concerned about the economic growth, increased customs and lower wages.
Employment has increased only 0.1 percent in January. But a temporary figure for February showing some signs of confidence that cares, with 21,000 increasing, or 0.1 percent in the month. The initial estimate for the latest month has been modified in the past.
The combination of strong wages and weak advice is a challenge for the BoE’s financial policy board, as it announced his decision.
Mr Ruth Gregory, economic consultant. But she added: « All this out of the bank in the deception position. »
MPC is concerned that the job market can be broken again, but it has become pity about British economy can cause price pressure. Inflation stands 3 percent in January, and set to climb up the middle.
Last month that last month, the risk that the budget increases can promote both sectors, in some sectors cannot be made.
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