Workplace Report May 2009

Pay and prices

Average earnings indices (including bonuses)

Earnings index* for whole economy % annual rise
Whole economy Manufac-turing Services Private sector Public sector
Jan 2008 (r) 135.0 4.4 3.8 4.7 4.6 3.5
February (r) 137.5 5.6 3.6 5.9 5.4 4.0
March (r) 135.4 4.7 4.5 5.0 4.8 3.8
April 134.9 3.9 3.0 4.0 3.7 3.8
May 135.3 3.4 3.3 3.5 3.5 3.1
June 135.8 3.4 2.5 3.7 3.6 2.9
July 136.2 3.6 2.8 3.9 3.5 4.0
August 136.6 3.2 2.9 3.4 3.1 3.6
September 137.0 3.1 3.0 3.2 2.8 4.0
October 137.3 3.6 2.9 3.9 3.6 3.8
November 136.8 2.6 2.3 2.9 2.2 4.3
December 136.2 2.9 1.8 3.3 2.7 3.9
Jan 2009 (r) 134.7 -0.3 1.5 -0.7 -1.2 3.7
February (r) 134.9 -1.9 1.0 -2.3 -2.7 3.7
March (p) 136.7 1.0 0.5 1.0 0.4 3.3
Headline rate** for Mar -0.4 1.0 -0.7 -1.2 3.6

* 2000=100. ** Average of earnings increases for latest three months compared to a year earlier. (r) revised. (p) provisional. Source: National Statistics.

Average of average earnings forecasts for 2009 is 1.1% (HM Treasury).