ed on the supportive fall in oil prices and continued expectations for robust growth in Europe. !Figure 3: Near • tern growth revised down by up to 0.4pp 'Figure 4: Wage growth has disappointed 3.00 1 4.50 Evolution of the BoE's average weekly I forecasts.% earnings growth yoy 2.76 1 4.00 2.

ed on the supportive fall in oil prices and continued expectations for robust growth in Europe. !Figure 3: Near • tern growth revised down by up to 0.4pp 'Figure 4: Wage growth has disappointed 3.00 1 4.50 Evolution of the BoE's average weekly I forecasts.% earnings growth yoy 2.76 1 4.00 2.