020 7898 0500The big news yesterday was that in February 2018, inflation fell to 2.7% from 3% the month before. The figure had been expected to dip, but only to 2.8% so UK households will feel an easing in the cost-of-living burden. It will be interesting to see what wage growth touches in the same month and what this will do to influence the central bank’s interest rate decisions in the future.
Today we have the unemployment rate which is expected to hold steady at 4.4%. In the final quarter of 2017 it surprisingly crept up to 4.4% from a 42-year low of 4.3% in the previous quarter. We will also see the public sector net borrowing figures as well as the average earnings for January.
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