Wages rising sharply and faster than expected after a year of slowing: ONS
- Wages are rising sharply by 5.2% in the three months to October, as reported by the Office for National Statistics .
- Private sector pay grew by 5.4%, while public sector pay rose by 4.3%, according to ONS data.
- Gora Suri, an economist at PwC UK, noted that the rise in earnings growth indicates inflation pressures remain in the economy.
- The ONS advised caution when interpreting the data regarding wage growth.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left3Leaning Right5Center5Last UpdatedBias Distribution38% Center, 38% Right
Bias Distribution
- 38% of the sources are Center, 38% of the sources lean Right
39% Right
L 23%
C 38%
R 39%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
