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UK wage growth is weakening the work market


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UK’s salary increase in March three months employers were hired for employers in salary taxes and the minimum wages before the steep increase.

On average, the average wage increased by 5.6 percent to March, except for bonuses in March three months, until March. This figure was about the expectations of analysts and in February for three months in February 5.9 per cent.

Separate figures, February and March amounted to 47,000 or 0.2 percent between March 47,000 or March, 0.2 percent, the number of employees compared to the previous year. The initial figures for April showed more than 33,000 or 0.1 percent per month, as they want to manage the increase in employers’ labor costs.

British Chief Economist Victoria Classor, Before the data provided, the figures are likely to be supported in terms of the “gradual simplifying road to the gradual simplifying road.”

Central Bank, 0.25% last week, the percentage rates are 0.25 percent, but its monetary policy committee, two members were cut by a larger 0.5 percent point and 2 people were separated by 2 people to change interest rates.

Monday, two MPC members, stressed that inflationary pressures are more evidence to reduce interest rates on Monday.

Although a Boe Governor Clare Lombardelli, the increase in salary to the end of the year, Boe said to be “still high” to meet the target of inflation.



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