MNI UK Inflation and Labour Market Insight: Feb 2025
Feb-19 18:04By: Tim Davis
Employment+ 1
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- There was a small downside surprise in services inflation but upside surprises for food and core goods.
- On the labour market there was encouraging data on the quantities side with a small downside surprise to AWE wage data while PAYE wage data continued its downtrend.
- Overall, we don't think there is a huge amount in these data to change the mind of either the doves or central group on the MPC.
