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Macro - Weekly Briefings - United Kingdom

Publisher Oxford Economics
Published Jun 14, 2024
Length 5 Pages
SKU # OFE18925861

Description

Macro - Weekly Briefings - United Kingdom



UK private sector regular pay growth continued to soften in April, despite upward pressure from the month's national living wage increase. With labour market conditions continuing to cool, we expect pay growth to weaken further in the coming months, allowing the Monetary Policy Committee to begin cutting interest rates later this summer.

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5 Pages
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