Labour Research January 2019

News

Average earnings rise

Average weekly earnings posted an increase of 3.9% in the year to October 2018 — up from a 2.9% increase the previous month. 


The annual rate of inflation under the Retail Prices Index (RPI) — the inflation measure favoured by union negotiators — was 3.3% in October. This means earnings showed a welcome real-terms increase of 0.6 percentage points.

https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours

https://www.ons.gov.uk/economy/inflationandpriceindices