Workplace Report (November 2007)

Pay and prices

Average earnings indices (including bonuses)

Earnings index* for whole economy % annual rise
Whole economy Manufacturing Services Private sector Public sector
July 2006 (r) 126.7 3.8 4.7 3.7 3.7 4.1
August (r) 126.9 3.8 5.3 3.8 3.9 3.2
September (r) 127.5 4.0 5.6 4.1 4.2 3.3
October 127.8 4.3 5.1 4.5 4.5 3.2
November 128.2 4.0 4.7 4.1 4.2 3.1
December 128.8 3.9 4.0 4.2 4.1 3.3
January 2007 129.3 4.9 3.5 5.3 5.2 3.3
February 131.3 4.9 3.6 5.4 5.4 2.8
March 129.7 3.5 3.5 3.3 3.8 3.1
April 129.8 3.4 3.2 3.6 3.2 3.2
May 130.5 3.6 4.4 3.5 3.8 3.0
June 131.1 3.2 3.9 3.2 3.2 3.1
July (r) 131.5 3.8 4.3 3.8 4.2 2.5
August (r) 132.2 4.2 2.8 4.6 4.5 3.2
Sept (p) 132.8 4.2 2.1 4.5 4.4 3.2
Headline rate** for September 4.1 3.0 4.3 4.3 3.0

* 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 4.0% (HM Treasury).


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