Workplace Report (April 2007)

Pay and prices

Average earnings indices (including bonuses)

Earnings index* for whole economy % annual rise
Whole economy Manufacturing Services Private sector Public sector
Dec 2005 (r) 124.2 4.3 4.5 4.0 4.1 4.7
Jan 2006 (r) 124.4 2.9 5.1 2.9 2.9 4.1
February (r) 125.7 4.9 5.3 4.9 5.0 4.2
March 125.3 4.4 4.8 4.4 4.4 4.3
April 124.8 3.5 5.9 3.2 3.7 2.9
May 125.9 4.4 5.7 4.2 4.7 3.7
June 126.6 4.9 5.8 4.9 5.3 3.7
July 126.5 3.9 4.8 3.8 3.8 4.1
August 126.8 3.8 5.3 3.7 3.9 3.2
September 127.3 4.1 5.4 4.2 4.3 3.4
October 127.6 4.2 5.1 4.4 4.4 3.3
November 128.2 4.0 4.7 4.1 4.1 3.1
December (r) 129.0 3.9 3.9 4.2 4.1 3.3
Jan 2007 (r) 130.2 4.7 3.4 5.1 5.1 3.3
February (p) 132.1 5.1 3.0 5.5 5.6 2.9
Headline rate2 for Feb 4.6 3.4 5.0 4.9 3.2

* 2000=100.

** Average of earnings increases for latest three months compared to year earlier.

(r) revised. (p) provisional.

Source: National Statistics.

Average of average earnings forecasts for 2007 is 4.4% (HM Treasury).


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