[FOREX NEWS] UK wages slow down to 1.8%, unemployment rate at 4.5% – GBP rises

Average earnings were expected to slow down to an annual pace of 1.8% in May after increasing by 2.1% in April. Excluding bonuses, an acceleration from 1.7% to 1.9% was expected. Wages are running behind the rise in inflation, reflecting a drop in the standards of living. The UK was expected to report a rise [...]

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