UK | Investment

Monthly Review - September 2018

UK Economic Briefing - September 2018

The Bank of England’s Monetary Policy Committee (MPC) voted unanimously (9-0) to keep policy rate on hold during the September meeting.
  • The Committee noted that the GDP data is a little stronger than expected and as a result the Bank has upgraded its Q3 growth forecast.
  • UK wage growth was relatively robust in the three months to July, with regular pay growth rising from 2.7% to 2.9%.
  • The unemployment rate held steady at 4.0%, having declined from 4.2% in the three months to June.

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Stephanie McMahon

Stephanie McMahon
Head of UK Research
+44 (0) 20 7338 4002


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