Lates News

Liz McKeown, Director of Economic Statistics at the UK National Statistics Office, said that basic wage growth remains stable. However, the growth rate, including bonuses, has slowed slightly, although nominal growth remains strong when measured by historical standards. Real wage growth, on the other hand, has decreased due to rising inflation. Basic wage growth in the private sector has also slightly declined, and it is still lower than the growth rate in the public sector, which has increased.