Workplace Report (September 2007)

Pay and prices

Average earnings indices (including bonuses)

Earnings index* % annual rise
Whole economy Manufacturing Services Private sector Public sector
Apr 2006 (r) 125.5 4.1 6.1 3.7 4.3 3.1
May (r) 125.8 4.3 5.6 4.2 4.7 3.4
June (r) 126.5 4.9 5.9 4.8 5.0 3.6
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 129.0 3.9 3.9 4.2 4.1 3.3
Jan 2007 130.0 4.6 3.5 5.0 5.0 3.3
February 131.7 5.2 3.5 5.7 5.7 2.8
March 129.9 3.6 3.5 3.4 3.7 3.1
April 129.8 3.4 3.1 3.6 3.4 3.3
May (r) 130.3 3.5 4.4 3.4 3.7 2.9
June (p) 130.4 3.1 3.9 3.0 3.0 3.0
Headline rate** for June 3.3 3.8 3.3 3.4 3.1

* Whole economy, 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 4.2% (HM Treasury).


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