Global Economy

UK Average Earnings incl. Bonus (3Mo/Yr) (May) 4.3% vs. Exp. 4.5% (Prev. 4.4%)

StockNow breaking-news AI analysis

UK wage growth slowed to 4.3% in May, missing expectations. This cooling, alongside rising unemployment to 5%, supports the Bank of England's hold on interest rates and reduces tightening expectations.

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