UK February average weekly earnings 3m/y +2.8% vs +3.0% expected - ConsultFX

UK February average weekly earnings 3m/y +2.8% vs +3.0% expected

Latest data released by ONS - 17 April 2018 A miss on estimates for wages, and according to ONS, that means in real terms weekly earnings are still in negative territory relative to CPI inflation reading - but against the HICP inflation reading, it's the first positive reading since March 2017.