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The wage growth accelerated at the end of last year according to official data that will exert the pressure on the Bank of England when an attempt is made to hold up inflation.
The average weekly regular income in the three months to December was 5.9 percent higher than a year earlier, 5.6 percent in the three months to November, the Office for National Statistics announced on Tuesday. The number agreed with the expectations of the economists.
The acceleration of wage growth was stronger in the private sector, where average income without bonuses grew by 6.2 percent. Wages in the public sector grew by 4.7 percent.
At the same time, paid employment decreased by 14,000 between November and December and was 3,000 lower in the three months to December than in the previous quarter, according to HM Revenue & Customs data.
Early estimates for January showed that the figures of the paid employees rose by 21,000 from December.
The director of the ONS economic statistics said Liz McKeown:
This is a developing story
