The squeeze on real wages in Britain is set to last at least until Christmas with inflation remaining the highest among key major economies, leading economists warned on Wednesday.
The Organisation for Economic Co-operation and Development predicted that the UK’s headline inflation rate was set to be 6.9 per cent in 2023, higher than Germany’s 6.3 per cent and France’s 6.1 per cent and the OECD average of 6.6 per cent.
