New earnings data


The Office for National Statistics has introduced a new table in their Labour Market Statistics press release on Average Weekly Earnings — real and nominal — for the whole economy, covering total pay, including bonuses, and regular pay.


The real earnings figures take into account the effects of inflation as measured by the Consumer Prices Index (CPI).


For total pay, earnings growth in September was 2.0% in real terms, while the three-month average was 2.9%. For regular pay, the real-terms rises were 2.0% and 2.5% respectively.


www.ons.gov.uk/ons/dcp171778_421089.pdf