Workplace Report February 2012

Pay and prices

Annual increase in average weekly earnings (AWE) including bonuses

Month	Whole economy	Private sector	Public sector	Manu- facturing	Services
Oct 2010 (r)	2.3	2.0	2.4	3.9	2.2
November (r)	2.1	2.0	2.2	2.7	2.4
December (r)	1.1	1.3	2.9	1.5	2.0
January 2011	4.0	4.3	2.0	2.3	4.5
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	1.9	1.9	2.1	2.0	2.0
October	2.1	2.2	1.9	1.0	2.4
November (r)	2.0	2.2	1.7	2.1	2.1
December (p)	1.8	2.4	1.4	1.3	2.4
Headline rate¹	2.0	2.3	1.7	1.4	2.3

¹The 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).