Workplace Report (March 2012)

Pay and prices

Annual increase in average weekly earnings (AWE) including bonuses

Month Whole economy Private sector Public sector Manu- facturing Services
Nov 2010 (r) 2.0 1.8 2.1 2.8 2.2
December (r) 0.8 1.0 2.8 1.5 1.8
Jan 2011 (r) 4.4 5.2 2.4 2.2 5.1
February 1.8 1.4 2.0 0.2 1.9
March 1.7 1.6 2.4 0.3 2.4
April 2.5 2.7 2.2 1.6 2.9
May 2.5 2.5 1.8 1.3 2.8
June 2.9 3.4 2.5 2.1 3.4
July 2.8 2.9 2.7 1.7 3.1
August 2.2 2.3 2.2 1.1 2.5
September (r) 1.9 1.9 2.1 1.9 1.9
October 2.1 2.2 1.9 1.0 2.4
November (r) 1.9 2.1 1.7 2.1 2.0
December (r) 1.7 2.2 1.4 1.3 2.2
January 2012 (p) 0.7 0.7 1.0 1.1 0.5
Headline rate1 1.4 1.7 1.3 1.5 1.6

1 The latest three-month average

(r) revised, (p) provisional

Source: Office for National Statistics

Average of average earnings forecasts for 2012 is 2.4% (HM Treasury).


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