United Kingdom Average Earnings including Bonus (3Mo/Yr) came in at 2.7%, above forecasts (2.4%) in August

Oct 16, 2018

Breaking News: Sterling rises to 1.3200 after the UK labor market report surprises on the upside

Sterling rosel towards 1.3200 in a knee-jerk reaction to the UK labor market report saw better than expected wage growth data in September.

UK wages rose by 2.7% in August, a positive surprise

The Office for National Statistics (ONS) showed on Tuesday, the UK’s average weekly earnings, excluding bonuses beat expectations, arriving at 3.1% 3m