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Official figures from the office of National Statistics showed regular pay, excluding bonuses, rose by 7. 8 in may tojuly compared with a year earlier matching the pace of inflation over the same period. However, the Unemployment Rate increased to 4. 3 between may and july compared to 4. 2 the month before, and Job Vacancies fell to below a million. Lets hear from our money and work reporter Peter Ruddick who gave us a breakdown of what the figures mean. Lets just run through the two main headlines and what they mean so firstly on wage growth, so as you say, it has finally caught up on inflation in most of the uk, at least, but it is just an average, not everyone will be feeling it. It means it will be following the first time in a year, wage growth. It is just an average, but also it is going to take more than one months figures to reverse the many changes, people in the uk have been experiencing, it is going to take quite a while for this to recover. The second caveat is wage growth

President putinLeader kimjong unNorth koreanWage growthInflation rateSpending powerOffice of national statisticsState pensionUnemployment rateJob vacancies4 37 84 2Peter ruddickA millionNorth east england