Martin Beck

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Last quote by Martin Beck

Higher inflation will be the key culprit in the sharp slowdown in consumer spending growth this year, cutting off what has been an all-too-brief revival in real pay growth and continuing the dismal picture for real earnings seen since the financial crisis. There should be some improvement in 2018, as inflation begins to cool, but even then we anticipate real wage growth of just 0.7pc. It is likely to be 2019 before workers begin to enjoy more 'normal' rates of real wage growth again.feedback
Mar 20 2017
Martin Beck has been quoted 4 times. The two most recent articles where Martin Beck has been quoted are UK firms show no Brexit vote hit in Q3 as investment grows and UK to enter 'prolonged period of weaker growth': Survey. Most recently, Martin Beck was quoted as having said, “So the weak pound may already be delivering some upsides. But the downsides of that weakness in pushing up inflation means that GDP growth in the near-term may struggle to match Q3's performance.”.
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Quotes by Martin Beck

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