Following robust growth data in the UK, the resilience of the UK economy
will face scrutiny with the upcoming release of labor market statistics
scheduled for Tuesday.
Economists anticipate a slight increase in the ILO
Unemployment Rate for the three months ending in March, from its previous level
of 4.2% to 4.3%. In addition to the unemployment rate, investors will closely
monitor Average Earnings data, which has been a driving force behind service
inflation.
Dr. Kamaran Qader Yaqub,
Financial consultant at Investment Spot company.