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<p><strong>WORKERS&rsquo; wage growth has risen above inflation for the first time in nearly two years. </strong></p>
<p>Earnings rose by 7.8% in the three months to August, 0.7% higher than average inflation in the same period.</p>
<p>Chancellor Jeremy Hunt said: &ldquo;It&rsquo;s good news that inflation is falling and real wages are growing, so people have more money in their pockets.&rdquo;</p>
<p>It comes as a relief to staff who have seen their pay packets shrink because of sky-high inflation for nearly two years. Unite boss Sharon Graham said the rise in wages will be a &ldquo;small respite&rdquo; for many,&nbsp;adding: &ldquo;The real value of wages has been eroded over more than a decade.&rdquo;</p>
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<p>Wage growth for public sector workers reached 6.8% between June and August, which the Office for National Statistics said was the biggest increase since records began in 2001. But the average pay rises&nbsp;for private sector employees was 8%.</p>
<p>The Bank of England base interest rate remains at 5.25%.&nbsp;</p>
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WORKERS' WAGES PIP INFLATION

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