The UK services sector and the job market are set to see lingering signs of strong inflation this week, a warning sign. Bank of England The interest rate cut will be postponed until August.
Official data will be released on Wednesday. Service Inflation Economists surveyed that the unemployment rate fell to 5.6 percent in June from 5.7 percent the previous month. Regular wage increases Figures for the three months to May are forecast to fall below 6% for the first time in 20 months.