UK Labour Market Report March 2024
Our latest paper provides an overview of the present state of the UK labour market. The report analyses data from various sources, including the Office for National Statistics, the Bank of England, and the Office for Budget Responsibility.
Key outcomes include:
- Economic Update: Wages, Inflation, and Consumer Prices Insight.
- While wages are still increasing, the rate of growth has begun to slow down.
- Inflation is forecast to reach 1.5% by 2025.
- Food, and restaurants and cafes have made the largest negative contributions to CPIH and CPI annual rates.
