Workplace Report November 2012

Pay and prices

Annual increases in average weekly earnings (AWE)

Total pay including bonuses

Month	Whole economy	Private sector	Public sector	Manu- facturing	Services
July (r)	3.0	3.0	3.1	1.7	3.3
August (r)	2.1	2.2	2.0	1.1	2.2
September (r)	2.0	2.0	2.1	2.1	2.0
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	1.3	1.8	1.0	2.7	1.0
July (r)	1.5	1.7	1.4	2.0	1.4
August (r)	2.3	2.2	3.1	2.6	2.4
September (p)	1.7	1.7	2.2	1.3	2.0
Headline rate¹	1.8	1.8	2.2	2.0	1.9

¹The 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).