Thats down from 3. 9 in the three months to november. It marked the lowest level seen since the November 2022 to january 2023 period. Wage growth slowed again in the britishjobs market. But and this is key it is still outpacing price rises, according to the office for national statistics. Lets hear now from michael stull, director at manpowergroup uk. Michael, what are you expecting to see a little later on . Im always very excited for when the numbers come out. Im expecting a couple of things, one is i do think unemployment will take up a little bit, as you mentioned wage growth is going to slow. We will see vacancies down and underlying all of that in the Labour Market we have two bosses, a cold and hot going on. On the cold and hot going on. On the cold side we have sent a dropping, weve seen hiring slowing down and we are not out of the woods. We are blue business and consumer confidence. Manufacturing pmi is a very low, big into caters. 0n the hot side we see a lot of hiring going
Solution to this inflation that continues. neil? neil: jacqui heinrich, we ll be hearing from the president on what his plans are and we ll speak to ken langone, the guy that co-founded home depot, what he makes of this environment for all businesses right now. he started pretty inflationary environment. he s coming up. right now lydia hu on the cpi report a has some wondering that this could stick around awhile. lydia? yeah, there s no signs that this is abating any time soon. we haven t seen these type of consumer prices in more than 40 years. movies like e.t. and annie were released in 1982. all consumer prices are up 8.5% over last year. the major drivers, food and energy. food is up 10% to break that down a little bit, meat is up almost 15%. eggs up 11.