Britain.. The acceleration of wage growth raises the Bank of England’s concern about inflation

wages Excluding bonuses, it was up 6.4 percent year-on-year in the September-November period, the largest increase since enrollment began in 2001, excluding jumps during the pandemic. corona which experienced disruptions due to lockdowns and government support measures.

The Office for National Statistics said wages including bonuses also rose by 6.4 percent.

Economists polled by Archyde.com had expected total wages to rise 6.2 percent and wages excluding bonuses 6.3 percent.

The Bureau of Statistics said that the rate The unemployment in Britain It settled at 3.7 percent, near its lowest level in nearly 50 years, which was in line with the expectations of most economists in a Archyde.com poll.

and feel Bank of England Concerned that the acceleration of wage growth will make it difficult to reduce the high rate of inflation in Britain, which currently exceeds ten percent.

The Bank of England is expected to raise interest rates for the 10th time in a row early next month, and the key question for investors is how much to increase, amid the BoE balancing the risks of recession and the need to fight inflation.

rose afor the pound sterling After publishing the data today, Tuesday, it rose 0.1 percent during the day against the dollar and the euro.

The data showed that job vacancies in the period from October to December decreased for the sixth time in a row, and they also decreased on an annual basis, by 85,000, for only the second time since early 2021 when Britain was under a Corona-related closure.

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And I jumped wages Excluding bonuses, it was up 6.4 percent year-on-year in the September-November period, the largest increase since enrollment began in 2001, excluding jumps during the pandemic. corona which experienced disruptions due to lockdowns and government support measures.

The Office for National Statistics said wages including bonuses also rose by 6.4 percent.

Economists polled by Archyde.com had expected total wages to rise 6.2 percent and wages excluding bonuses 6.3 percent.

The Bureau of Statistics said that the rate The unemployment in Britain It settled at 3.7 percent, near its lowest level in nearly 50 years, which was in line with the expectations of most economists in a Archyde.com poll.

and feel Bank of England Concerned that the acceleration of wage growth will make it difficult to reduce the high rate of inflation in Britain, which currently exceeds ten percent.

The Bank of England is expected to raise interest rates for the 10th time in a row early next month, and the key question for investors is how much to increase, amid the BoE balancing the risks of recession and the need to fight inflation.

rose afor the pound sterling After publishing the data today, Tuesday, it rose 0.1 percent during the day against the dollar and the euro.

The data showed that job vacancies in the period from October to December decreased for the sixth time in a row, and they also decreased on an annual basis, by 85,000, for only the second time since early 2021 when Britain was under a Corona-related closure.

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