U.K. Unemployment Falls to 6% as Wages Show Gains

The video discusses the recent drop in the unemployment rate to 6%, which was slightly better than the median estimate of 6.1%. The risk was considered to be on the downside. Alongside unemployment, inflation is also decreasing, while wages are rising at an annual rate of 0.9%. The recent inflation data caused a significant movement in the Sterling, with the pound rallying. The overall economic indicators suggest a positive trend, with risks slightly leaning towards the downside.

What was the annual rise in wages mentioned in the text?

What impact did the inflation data have on the pound according to the text?