Economy

UK Wages Are Responding To Inflation With A Lag, BoE's Dhingra Says

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Economy

UK Wages Are Responding To Inflation With A Lag, BoE's Dhingra Says

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Bank of England interest rate-setter Swati Dhingra said on Tuesday that there was a time lag between moves in inflation and that scale of demands by workers for increased pay.

"There's naturally a lag in terms of how wages are responding to consumer price inflation," Dhingra told a conference organised by The Royal Economic Society.

(Reporting by David Milliken; Writing by William Schomberg)

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UK Wages Are Responding To Inflation With A Lag, BoE's Dhingra Says

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