The UK jobless rate rose in the fourth quarter, the Office for National Statistics reported Tuesday.
The unemployment rate rose to 5.2 percent in the three months to December from 5.1 percent in the preceding period. The rate came in line with expectations.
Annual growth in employees' average earnings including bonus was 4.2 percent but weaker than the forecast of 4.6 percent. Earnings excluding bonus also grew 4.2 percent, which was in line with expectations.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.