UK real wages decline at record rate as inflation soars - CNBC


8/16/2022 12:00:00 AM2 years 8 months ago
by Sophie Kiderlin

U.K. real wages, which reflect the power of employee's pay after accounting for inflation, fell by an annual 3% in the last quarter.

LONDON - U.K. real wages, which reflect the power of employee's pay after accounting for inflation, fell by an annual 3% in the last quarter, according to data released by the Office of National Stat… [+2422 chars]

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