Pay growth beats inflation as jobless rate falls, ONS says
Growth in average pay for UK workers overtook inflation for the first time in five years, according to data from the Office for National Statistics.
Wages excluding bonuses rose by 1.3% in the year to September, beating the 1.2% Consumer Prices Index inflation rate.
Including bonuses, earnings rose by 1%, the ONS said.
Robert Peston reports.
12 Nov 2014
- From the section Business