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BBCNEWS World July 4, 2024

The uk, unemployment rose to 4. 2 in the uk, unemployment rose to 4. 2 in the three months tojune, up from 3. 9 in the previous three months. Average wages, not including bonuses, grew at a record rate of 7. 8 during that same period, which is almost the same as the latest uk Inflation Measure of 7. 9 , which was recorded injune. It means average pay has almost caught up with price rises. Lets discuss that now with jane foley, who is head of strategy at a bank. It sounds good that wage growth has caught up with inflation, but is there something more complicated at play here . There is alwa s a complicated at play here . There is always a sting complicated at play here . There is always a sting in complicated at play here . There is always a sting in the complicated at play here . There is always a sting in the tail complicated at play here . There is always a sting in the tail with always a sting in the tail with economic data. ....

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BBCNEWS World Business Report June 4, 2024 10:34:00

Find thatjob quite so easily or won t see wages going up so much in the next few months, but that is the situation we need to arrive at in order for us situation we need to arrive at in orderfor us all to situation we need to arrive at in order for us all to see much inflation rates. thank you very much for that. argentina has been plunged into an economic shock after a far right candidate unexpectedly won the first round of his presidential election. his radical policies include ditching argentina s central bank and its peso currency and replacing it with the us dollar. argentina had already been an economic peril with inflation running at116%. it is on the brink of its sixth recession in the brink of its sixth recession in the space of a decade. the central bank has now raised the interest rate to an incredible ”6%. 118%. ....

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