A BUMPER week for UK economic data. Here is a summary, but make sure you also read the full article given for each one:
UK GDP Growth was -0.5% in December. But over the quarter (Oct, Nov, Dec) it was 0%, so the UK avoided (just!) being in a recession. uk q4 gdp
Wages increased by a near-record 6.7% in Q4 2022, but this is still far below inflation. Unemployment remained extremely low - 3.7% for Q4 2022. uk wages / unemployment
Inflation for January was 10.1%, lower than the 10.5% of December, but still near record high. A particular worry is inflation in food and drink prices, which was 16.7%. uk jan inflation figures
