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UK economy: Wages catch up with inflation

16 April 2014 Last updated at 21:47 BST

After nearly six years of falling real wages, rises in weekly earnings have finally caught up with inflation.

Weekly wages, including bonuses, rose by 1.7% in the year to February, up from 1.4% in January, according to the Office for National Statistics (ONS).

Consumer Prices Index (CPI) inflation stood at 1.7% in February and fell to 1.6% in March.

Hugh Pym reports.

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