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17th Jul 2024 08:25UKDaily Monitor

  • The headlines from yesterday’s labour-market data will be music to the MPC’s ears…
  • …They show slowing private-sector pay growth and signs of a continued gradual rise in unemployment.
  • But the MPC must be careful; job growth is bouncing back, and AWE will likely be revised up.

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Keywords for: 19 July 2024 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence