Chris Dillow 

Wage troubles

Chris Dillow

Chris Dillow
Wage troubles

Real wages are rising again. Official figures next Tuesday are expected to show that average earnings rose by around 3 per cent in the year to February. That’s 0.3 percentage points more than the rise in consumer prices in the period, implying the biggest annual increase in real wages for over a year – although this still leaves them over 8 per cent lower than they were 10 years ago.

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