LONDON (Reuters) – Bank of England Chief Economist Huw Pill said on Thursday that British wage growth appeared to be slowing and the latest data on the economy is “somewhat disappointing” even if it remains better than forecast by the BoE late last year.
Pill, speaking at an event hosted by MNI Connect, also said inflation may be “bumpier than we expect” but was still expected to fall in the second quarter as last year’s large rises in energy prices drop out of the annual comparison.
(Reporting by David Milliken; Writing by William Schomberg)
