Workplace Report June 2014

Pay and prices

Average weekly earnings (AWE)

Total pay including bonuses. Percentage annual increases

Month Whole economy Private sector Public sector Manu- facturing Services
February 2013 (r) 0.8% 1.0% 4.6% 1.6% 0.7%
March (r) -0.2% -0.4% 1.2% 3.2% -0.7%
April (r) 4.2% 4.2% 1.6% 3.6% 4.6%
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 1.1% 1.5% 0.3% 2.1% 1.0%
November 0.8% 1.0% 0.1% 2.7% 0.6%
December 1.7% 2.1% 0.4% 2.9% 1.5%
January 2014 1.6% 1.8% 0.9% 3.8% 1.2%
February 1.8% 2.0% 1.4% 2.9% 1.8%
March (r) 2.2% 2.2% 1.1% 2.5% 2.1%
April (p) -1.7% -2.3% 0.6% 0.5% -1.8%
Headline rate1 0.7% 0.6% 1.0% 2.0% 0.7%

1 The latest three-month average.

Source: Office for National Statistics

(r) revised, (p) provisional.

Average of average earnings forecasts for 2014 is 2.1% (HM Treasury).

www.ons.gov.uk/ons/dcp171778_363998.pdf

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/321052/201406forecomp.pdf