Workplace Report May 2015

Pay and prices

Average weekly earnings (AWE)

Total pay including bonuses. Percentage annual increases

Month	Whole economy	Private sector	Public sector	Manufacturing	Services
January 2014 (r)	1.8%	2.3%	0.7%	3.9%	1.3%
February (r)	2.0%	2.3%	1.2%	3.0%	2.1%
March (r)	1.7%	1.3%	1.7%	2.6%	1.1%
April	-1.4%	-1.9%	0.6%	0.8%	-1.6%
May	0.4%	0.7%	0.1%	2.0%	0.3%
June	0.6%	1.4%	-2.1%	2.2%	0.4%
July	0.7%	0.8%	1.1%	1.9%	0.3%
August	0.9%	1.1%	0.6%	1.4%	0.8%
September	1.5%	1.7%	0.8%	2.3%	1.3%
October	2.0%	2.4%	0.5%	1.6%	2.0%
November	1.9%	2.3%	0.7%	1.1%	2.0%
December	2.4%	2.7%	0.9%	2.1%	2.4%
January 2015 (r)	1.4%	1.7%	0.6%	0.2%	1.8%
February (r)	1.1%	1.2%	0.9%	0.0%	1.3%
March (p)	3.3%	4.3%	-0.9%	1.0%	3.6%
Headline rate¹	1.9%	2.4%	0.2%	0.4%	2.2%

¹The latest three-month average.

(r) revised, (p) provisional.

Source: Office for National Statistics

Average of average earnings forecasts for 2015 is 2.5% (HM Treasury).