Workplace Report March 2016

Pay and prices

Average weekly earnings (AWE)


Total pay including bonuses.

Percentage annual increases

Whole economy Private
 sector Public
 sector Manufacturing Services
November 2014 (r) 2.1% 2.5% 0.6% 1.2% 2.2%
December (r) 2.4% 2.7% 1.0% 2.0% 2.5%
January 2015 (r) 1.5% 1.8% 0.6% 0.3% 1.9%
February 1.1% 1.2% 2.2% 0.0% 1.4%
March 4.4% 5.7% 0.6% 2.1% 4.7%
April 2.7% 3.1% 0.9% 1.7% 2.8%
May 2.8% 3.3% 1.1% 1.0% 2.9%
June 2.3% 2.5% 1.0% 1.7% 2.4%
July 3.6% 4.3% 1.0% 1.7% 3.7%
August 3.2% 3.6% 1.2% 1.7% 3.2%
September 2.1% 2.3% 1.5% 1.2% 2.1%
October 1.9% 2.1% 1.3% 1.5% 1.8%
November 2.2% 2.3% 1.5% 1.5% 2.0%
December (r) 1.7% 1.9% 0.9% 1.3% 1.6%
January 2016 (p) 2.5% 2.8% 1.5% 2.0% 2.2%
Headline rate1 2.1% 2.3% 1.3% 1.6% 1.9%

1 The latest three-month average.


(r) revised, (p) provisional. 


Source: Office for National Statistics

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

Average of average earnings forecasts for 2016 is 3.0% (HM Treasury).

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/508098/201603_Forecomp_March_2016.pdf