Economic Indicators 

Next week's economics: 12-16 Nov

Chris Dillow

Chris Dillow
Next week's economics: 12-16 Nov

Wage inflation is rising. The ONS could report next Tuesday that pay excluding bonuses rose by 3.2 per cent in the last 12 months, the fastest annual increase since 2008. Other figures that day will show one reason for this: the unemployment rate might drop below 4 per cent for the first time since 1974 – although there are also 1.9m out of the labour force who want to work.

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