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FxWirePro Chart of the Day: UK construction pays, rest subdude

UK construction sector is paying off big time, where wages are growing around 8 percent, while wage growth for the rest of the sectors in the economy remains around 2 percent. Bank of England (BOE) may suffer long journe…

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FxWirePro Chart of the Day: UK construction pays, rest subdude
Source - Aurelija Augulyte; Nordea Markets; Macrobond

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UK construction sector is paying off big time, where wages are growing around 8 percent, while wage growth for the rest of the sectors in the economy remains around 2 percent.

Bank of England (BOE) may suffer long journey to a hike if it's looking to wait for a lift in the majority of the sectors.

Chart courtesy: Aurelija Augulyte; Nordea Markets; Macrobond

 

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