Brexit causing wage growth?

Wages grew 3.9% annually according to the latest data set.

Immigration has slowed somewhat, but remains positive.  This number is net, so should include exits and entries.

Britain is almost at recession, the British currency is way down making exports competitive.

Stay tuned! 

This may simply be Britain adjusting to external evens and will be followed by the normal recession. This could be Brexit, positive or negative.  Who knows, just yet, give it a few days and sharper minds will look.

Macro Business had the initial report, HT to Naked Capitalism.