uk wages

Wage Growth Rebounds After dipping down to 2.4% in the three months to June, UK wage growth rebounded over the three months to July printing 2.6% (520 GBP per week) and beating expectations of a 2.5% reading. The ex-bonus reading was similarly strong printing 2.9% (489 GBP per week) from a prior 2.7% and beating expectations of a 2.8% rea...

2018-09-11 James Harte Read more

Daily Forex Market Preview, 15/08/2018 The U.S. dollar maintained its dominance on Tuesday. Economic data showed China's industrial production rising 6.0% on the year. The data missed estimates of a 6.3% increase. Retail sales in China also came out lower than expected at 8.8%. The data underlined the fact that the trade wars were starting to h...

2018-08-15 John Benjamin Read more
UK wages finally start to outpace inflation

The unemployment rate in the United Kingdom showed that employers in Britain increased the pace of hiring, with data supporting that more workers were added. However, despite the higher pace of hiring, there was a clear lack of wage growth. The data suggests that the Bank of England will most likely continue to remain on the side lines amid t...

2018-05-24 John Benjamin Read more
Jobs Reports

The latest employment data from the UK showed that the unemployment rate fell further in the second quarter. However, despite the drop in the unemployment rate, wages continued to slow. Data from the UK's Office for National Statistics showed yesterday that the ILO unemployment rate fell to 4.4% in the second quarter ending June. Compared to a ...

2017-08-17 John Benjamin Read more
UK unemployment_1307

The monthly jobs report from the UK was a mixed bag with the unemployment rate falling to a 42-year low at 4.5%, down from 4.6% previously. Despite the solid headline, wages continued to disappoint. The unemployment rate fell to 4.5% and marked the lowest unemployment rate in the UK since 1975. Official data from the UK's Office for National St...

2017-07-26 John Benjamin Read more
Uk Inflation_BoE

Traders will be cautious on the British pound this week as the UK's Office for National Statistics (ONS) will be reporting on the monthly inflation and jobs report alongside the retail sales numbers on Friday. The economic reports, especially inflation and jobs will stand out given that these will be the fresh reports after last week's Bank of ...

2017-02-14 John Benjamin Read more
UK Unemployment

The IMF cut its global growth forecasts for 2016 by 0.1 percent points to 3.10% Germany Producer Prices Index falls less than expected UK unemployment rate falls to 2005 lows at 4.90% in May Today’s Economic events Australia MI leading index m/m -0.20% vs. 0.20% previously Germany PPI m/m 0.40% vs. 0.20% Eurozone curren...

2016-07-20 John Benjamin Read more