Workplace Report (July 2012)

Pay and prices

Average weekly earnings (AWE)

Total pay including bonuses. Percentage annual increases

Month Whole economy Private sector Public sector Manu- facturing Services
Mar 2011 (r) 2.0 2.5 2.4 -0.1 2.6
April (r) 2.3 2.3 2.2 1.5 2.7
May (r) 2.2 2.5 1.8 1.2 2.7
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 1.9 1.9 2.1 1.9 1.9
October 2.1 2.2 1.9 1.0 2.4
November 1.9 2.1 1.7 2.1 2.0
December 1.7 2.2 1.4 1.3 2.2
January 2012 0.5 0.4 0.8 0.8 0.4
February 1.4 1.3 1.1 2.3 1.2
March 0.8 0.4 1.8 -0.7 1.0
April (r) 2.1 2.4 1.3 2.4 2.1
May (p) 1.7 1.8 1.5 2.9 1.6
Headline rate1 1.5 1.5 1.5 1.5 1.6

1 The latest three-month average.

Source: Office for National Statistics

(r)revised, (p) provisional.

Average of average earnings forecasts for 2012 is 1.9% (HM Treasury).


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