Workplace Report (March 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
Nov 2007 133.4 4.1 3.5 4.0 4.3 3.3
December (r) 132.9 3.0 4.2 2.8 3.1 3.3
Jan 2008 (r) 135.6 4.8 3.9 5.2 5.0 3.6
February 135.6 3.7 3.1 3.7 3.4 4.1
March 135.2 4.5 4.4 4.9 4.6 3.7
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 (r) 136.8 2.6 2.3 2.9 2.2 4.3
December (r) 137.1 3.2 1.8 3.6 3.0 3.9
Jan 2009 135.3 -0.2 1.7 -0.6 -1.1 3.7
Headline rate** for Jan 1.8 1.9 2.0 1.4 4.0

* 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 2008 is 2.6% (HM Treasury).


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