Workplace Report October 2012

Pay and prices

Annual increases in average weekly earnings (AWE)

Month Whole economy Private sector Public sector Manu- facturing Services
June (r) 3.3 3.6 3.3 2.1 3.8
July (r) 3.2 3.0 3.2 1.7 3.3
August (r) 2.2 2.2 2.0 1.1 2.3
September 1.8 1.8 2.1 2.0 1.9
October 2.1 2.3 1.9 1.0 2.4
November 2.0 2.2 1.7 2.1 2.1
December 1.9 2.2 1.3 1.3 2.3
January 2012 0.1 -0.1 0.8 0.8 -0.2
February 0.8 0.7 1.2 2.2 0.8
March 1.0 1.0 0.5 -0.5 1.1
April 2.3 2.7 1.4 2.4 2.3
May 1.8 2.0 1.6 2.9 1.6
June (r) 1.3 1.8 1.0 2.7 1.0
July (r) 1.5 1.7 1.4 2.1 1.4
August (p) 2.3 2.2 3.0 2.5 2.3
Headline rate1 1.7 1.9 1.8 2.4 1.6

1 The latest three-month average.

Source: Office for National Statistics

(r) revised, (p) provisional.

Average of average earnings forecasts for 2012 is 1.7% (HM Treasury).