High prices are ‘being fixed fast, and real incomes are up’

High prices are not being fixed fast, nor are real incomes rising, according to recent UK economic data. Average UK wages grew just 0.5% in real terms in the three months to September 2025, lagging behind the 3.8% inflation rate. This continues the trend of wages failing to keep pace with prices since late 2021, and forecasts predict modest real income growth for the rest of 2025. The assertion that incomes are up and prices are being fixed fast likely refers to US economic figures and rhetoric, not the current UK situation

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