What is it? It check the change in the price businesses and the government pay for labor, including bonuses.
It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer.
Usual Effect: If the number is higher than the forecast, you can expect the GBP to rise.
When? October 15th at 4:30am Eastern Time.
Trading Tip: This announcement can greatly affect the GBP, make sure to make your trades before.
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