UK wage growth eased in the third quarter and vacancies declined further reflecting the loosening labor market conditions, data from the Office for National Statistics showed on Tuesday.
Excluding bonuses, regular pay growth was 7.7 percent in the three months to September, in line with expectations but slower than the revised 7.9 percent rise in the period through August.
Although this was slightly down on the previous periods, it remains among the highest growth rates since records began in 2001, the ONS said.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.