Global Economy
UK Average Earnings excl. Bonus (Jun 3MYr) 3.5% vs. Exp. 3.4% (Prev. 3.4%)
StockNow breaking-news AI analysis
UK wage growth beat expectations at 3.5%, signaling labor market resilience. This likely reinforces the Bank of England's 'higher-for-longer' stance as it monitors persistent domestic price pressures.
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