Andrew Stephenson – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Andrew Stephenson on 2016-04-13.

To ask Mr Chancellor of the Exchequer, what comparative assessment he has made of trends in the level of wage growth and inflation.

Damian Hinds

Latest figures from the Office for National Statistics show that in the three months to January, Real Average Weekly Earnings grew 2 percent compared to a year earlier.

Wage growth has outstripped inflation for 16 consecutive months. And the OBR forecast wages to grow faster than inflation in each of the next five years.