Workplace Report February 2015

Pay and prices

Average weekly earnings (AWE)

Total pay including bonuses. Percentage annual increases

Month	Whole economy	Private sector	Public sector	Manu- facturing	Services
October 2013 (r)	1.0%	1.4%	0.3%	2.3%	0.9%
November (r)	0.7%	1.0%	0.2%	2.8%	0.5%
December (r)	1.5%	1.7%	0.2%	2.8%	1.1%
January 2014	1.6%	2.0%	0.8%	3.8%	1.2%
February	1.9%	2.0%	1.3%	2.9%	1.9%
March	2.1%	2.4%	1.4%	2.5%	2.0%
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 (r)	2.0%	2.4%	0.5%	1.6%	2.0%
November (r)	1.9%	2.4%	0.7%	1.1%	2.0%
December (p)	2.4%	2.7%	0.9%	2.3%	2.3%
Headline rate¹	2.1%	2.5%	0.7%	1.7%	2.1%

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).