2023-09-12 12:49:12
The Bank of England policymakers who want to raise rates further will focus on record earnings rises, in cash terms. However, it is important to note that zero growth for real earnings, using the Consumer Prices Index measure, is still far from normal for a measure which, before the 2008 financial crisis, grew by 2% in a typical year.
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#Pay #matches #price #rises #unemployment #climbs
