Souring inflation pulls Britain's real wages

by The Manila Times

Feb 17, 2022 12:02 am

LONDON: Even with job vacancies rising to a new high in Britain, real earnings fell as wage growth lagged behind soaring inflation, the country's Office for National Statistics said on Tuesday (Wednesday in Manila).

In the final quarter of 2021, growth in average total pay (including bonuses) was 4.3 percent and growth in regular pay (excluding bonuses) was 3.7 percent among employees.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Malaysia, Singapore announce SEZ deal

Indonesia joins Brics bloc

Samsung Q4 earnings hit by AI chip supply delay

Nvidia CEO unveils new gaming chips

Toyota backs Japanese space startup IST

US calls out Tencent, CATL for ties to PLA

Caixin services PMI comes in at 52.2