British earnings tumble after inflation at the fastest pace since 2014

British earnings tumble after inflation at the fastest pace since 2014

After inflation British employees’ earnings dropped at the fastest pace since 2014 for the three months to April, thus underscoring the ascending Brexit squeeze facing numerous households, as official data disclosed on Wednesday.

The figures reflected the challenge facing Prime Minister Theresa May as well as her new government, with clues that households are facing the strain of ascending prices since the previous year's vote to abandon the European Union, applying pressure on the broader economy.

The data also demonstrated that the unemployment rate from February to April stood still at a more than four-decade minimum of 4.6%, which is in line with the median prediction for Wednesday's figure in a Reuters survey of financial experts.

In May, inflation reached a nearly four-year peak of 2.9%, as official data disclosed on Tuesday, which is stronger than experts had expected.


American home sales tack on

In February, American home sales rebounded firmly, underpinned by decent revenues in the South as well as West regions, although an everlasting shortage of homes on the market still appears to be an obstacle, which heads into the spring selling season…


Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

promotions you can be interested in

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera