Workplace Report February 2014

Pay and prices

Average weekly earnings (AWE)

Total pay including bonuses. Percentage annual increases.

Month	Whole economy	Private sector	Public sector	Manufacturing	Services
October 2012 (r)	1.3%	1.2%	2.0%	2.1%	1.2%
November (r)	1.5%	1.5%	1.9%	1.4%	1.6%
December (r)	1.2%	1.1%	2.0%	1.8%	1.4%
January 2013	1.1%	0.9%	1.8%	1.5%	1.2%
February	1.0%	0.6%	4.8%	1.8%	1.0%
March	-0.3%	-1.0%	1.2%	2.9%	-0.3%
April	3.8%	5.1%	1.4%	3.5%	3.8%
May	1.8%	2.0%	1.4%	1.7%	1.8%
June	0.9%	1.3%	-0.1%	2.6%	0.9%
July	0.8%	1.0%	0.1%	2.1%	0.7%
August	0.6%	1.2%	-1.3%	1.6%	0.3%
September	0.9%	1.2%	0.0%	1.8%	0.7%
October (r)	1.1%	1.5%	0.3%	2.1%	1.0%
November (r)	0.7%	1.0%	0.1%	2.7%	0.6%
December (p)	1.5%	2.0%	0.3%	2.6%	1.4%
Headline rate¹	1.1%	1.5%	0.2%	2.5%	1.0%

¹The latest three-month average.

(r) revised, (p) provisional.

Source: Office for National Statistics

Average of average earnings forecasts for 2014 is 2.2% (HM Treasury).