The UK unemployment rate dropped and wage growth eased in the three months to February, the Office for National Statistics said Tuesday.
The jobless rate stood at 4.9 percent in the December to February period, down from 5.2 percent in the previous three-month period. The rate was expected to remain stable at 5.2 percent.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.