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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Cost of living crisis may already be ending as wages catch up to inflation, economists say

Inflation Ben Broadbent Bank of England

The cost of living crisis may already be ending, economists including those at the Bank of England have said, as wage growth catches up with inflation.

Ashley Webb, UK economist at Capital Economics, says he believes that wages started rising faster than prices last month.

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