UK DATA: Private sector regular pay a tenth higher than expected
Last updated at:Oct-17 06:07
- First glance looks as though the headline AWE numbers in line with expectations for August but the private AWE ex bonus came in a tenth higher than expected at 8.0% (we had a 7.9% median expectation from the sellside previews that we had read).
- The RTI payrolls fell 11kM/M to 30.1mln in September (with a small downward revision to the August number).
- Shouldn't really be much to move markets here - particularly as we noted earlier that the MPC seem to be de-emphasising this data since the September meeting.