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After six years, wage rises match inflation

After nearly six years of falling real wages, rises in weekly earnings have finally caught up with inflation.

21 April 2014
Money
Wallet

Weekly wages, including bonuses, rose by 1.7% in the year to February, up from 1.4% in January, according to the Office for National Statistics (ONS).

Consumer Prices Index (CPI) inflation stood at 1.7% in February and fell to 1.6% in March.

It is the first time that earnings have matched inflation for six years, apart from two months in 2010.

http://www.bbc.co.uk/news/business-27047966

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