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Inflation set to out-pace manufacturing pay deals

Lee Hopley, chief economist at EEF
Lee Hopley, chief economist at EEF
Duncan Tift
Duncan Tift
Deputy Editor, West Midlands

Average pay settlements in the manufacturing sector have gone up, while salary freezes have gone down, new research has shown.The latest Pay Bulletin data from EEF, the manufacturers’ organisation, concludes that while the data bodes well for the rest of 2017, the acceleration remains modest compared to that of inflation meaning workers could still end up feeling the pinch while employers could come under wage pressure.  With a significant number of pay settlements being agreed at the January bargaining round, the monthl... for the full story register now for free or login below...

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