Factbox-How Is the UK Economy Doing Versus Bank of England Expectations? - News Summed Up

Factbox-How Is the UK Economy Doing Versus Bank of England Expectations?


What has happened: Wage growth during the three months to July was a bit stronger than the BoE expected at 2.1 percent year-on-year. The official wage growth data for the three months to August are due to be published on Oct. 18. What has happened: Financial data company Markit said its July and August purchasing managers' indices pointed to 0.3 percent growth. However, robust official retail sales figures in the three months to August have raised the prospect of a stronger performance. The next official unemployment data are due on Oct. 18.


Source: New York Times September 22, 2017 13:41 UTC



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