Workplace Report (February 2014)

Pay and prices

Average weekly earnings (AWE)

Total pay including bonuses. Percentage annual increases.

Month Whole economy Private sector Public sector Manufacturing Services
October 2012 (r) 1.3% 1.2% 2.0% 2.1% 1.2%
November (r) 1.5% 1.5% 1.9% 1.4% 1.6%
December (r) 1.2% 1.1% 2.0% 1.8% 1.4%
January 2013 1.1% 0.9% 1.8% 1.5% 1.2%
February 1.0% 0.6% 4.8% 1.8% 1.0%
March -0.3% -1.0% 1.2% 2.9% -0.3%
April 3.8% 5.1% 1.4% 3.5% 3.8%
May 1.8% 2.0% 1.4% 1.7% 1.8%
June 0.9% 1.3% -0.1% 2.6% 0.9%
July 0.8% 1.0% 0.1% 2.1% 0.7%
August 0.6% 1.2% -1.3% 1.6% 0.3%
September 0.9% 1.2% 0.0% 1.8% 0.7%
October (r) 1.1% 1.5% 0.3% 2.1% 1.0%
November (r) 0.7% 1.0% 0.1% 2.7% 0.6%
December (p) 1.5% 2.0% 0.3% 2.6% 1.4%
Headline rate1 1.1% 1.5% 0.2% 2.5% 1.0%

1 The latest three-month average.

(r) revised, (p) provisional.

Source: Office for National Statistics

Average of average earnings forecasts for 2014 is 2.2% (HM Treasury).

https://www.gov.uk/government/publications/forecasts-for-the-uk-economy-february-2014

www.ons.gov.uk/ons/taxonomy/index.html?nscl=Weekly+Earnings#tab-data-tables


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