UK economy is suffering from 'Goldilocks' syndrome

clock • 2 min read

There are many ways to look at the UK economy to get a gauge of its health, writes Architas's Nathan Sweeney, including the most notable employment, GDP and inflation figures.

These measures are frequently cited by both the investment community and the Bank of England governor Mark Carney. Unemployment in the UK has fallen considerably since the onset of the financial crisis. The UK ILO unemployment rate measure was unchanged at 5.1 % in the three months to February 2016. Carney expects this continued improvement in employment growth will lead to an increase in wage inflation, although average weekly earnings (including bonuses) slowed to 1.8% in February compared to 2.1% in January. Therefore it is no surprise inflation is falling short of the central b...

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