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FreeFall

Average Earnings Push Higher In February

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Average earnings push higher

LONDON (ShareCast) - Higher bonuses in the private sector services industry helped push average earnings even higher in February.

The Office for National Statistics said average earnings including bonuses rose by 4.2% for the year to February, up from 3.6% in January.

Meanwhile average earnings excluding bonuses, or regular pay, rose by 3.8% in the year to February 2006, unchanged from January.

Pay growth (excluding bonuses) in the private sector was 3.8% for the year to February compared with an even more robust 4.0% for the public sector.

Including bonus payments, private sector growth of 4.2% still remained below the public sector, which rose 4.3% on the year. :angry:

Edited by FreeFall

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Average earnings push higher

LONDON (ShareCast) - Higher bonuses in the private sector services industry helped push average earnings even higher in February.

The Office for National Statistics said average earnings including bonuses rose by 4.2% for the year to February, up from 3.6% in January.

Meanwhile average earnings excluding bonuses, or regular pay, rose by 3.8% in the year to February 2006, unchanged from January.

Pay growth (excluding bonuses) in the private sector was 3.8% for the year to February compared with an even more robust 4.0% for the public sector.

Including bonus payments, private sector growth of 4.2% still remained below the public sector, which rose 4.3% on the year. :angry:

Just what BoE were hoping wouldnt happen, ie price inflation is starting to find it's way into wage inflation.

Never mind, it might get that idiot Stephen Nickell to stop blathering about rate cuts

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Just what BoE were hoping wouldnt happen, ie price inflation is starting to find it's way into wage inflation.

Never mind, it might get that idiot Stephen Nickell to stop blathering about rate cuts

Fat chance. :P

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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