Details from the October 2015 UK labour market report 11 November 2015
– . Revised to 0.5k
– Sep average weekly earnings 3.0% vs 3.2% exp 3m y/y. Prior 3.0%
– Ex-bonus 2.5% vs 2.7% exp 3m y/y. Prior 2.8%
Wages hit a slight miss but are still looking strong. On the face of it the pound shouldn’t be too worried about these numbers but the sellers might want to take advantage of any minor weakness in the data. We’ve dropped to 1.5132