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3rd Dec 2024 14:57UKDaily Monitor

Stronger population growth boosts official LFS employment estimates by 402K in Q2…

…Cutting productivity, as well as raising unit wage costs and therefore estimated inflation pressure.

Ignore the drop in November BRC retail sales as the data are distorted by the timing of Black Friday.

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Keywords for: 4 December 2024 UK Monitor

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