Workplace Report November 2014

Pay and prices

Average weekly earnings (AWE)

Total pay including bonuses. Percentage annual increases

Month Whole economy Private sector Public sector Manufacturing Services
July 2013 (r) 0.8% 1.1% 0.3% 2.0% 0.9%
August (r) 0.6% 1.2% -1.4% 1.8% 0.4%
September (r) 0.8% 1.1% -0.1% 1.8% 0.6%
October 1.1% 1.4% 0.2% 2.1% 1.0%
November 0.7% 1.0% 0.1% 2.7% 0.6%
December 1.7% 2.0% 0.2% 2.9% 1.4%
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% 0.5% 0.8% -1.6%
May 0.4% 0.7% 0.1% 2.0% 0.3%
June 0.6% 1.3% -2.3% 2.2% 0.4%
July 0.7% 0.8% 0.6% 1.9% 0.3%
August (r) 0.9% 0.9% 0.9% 1.4% 0.8%
September (p) 1.4% 1.6% 0.9% 2.3% 1.2%
Headline rate1 1.0% 1.1% 0.8% 1.9% 0.8%

1 The latest three-month average.

Source: Office for National Statistics

(r) revised, (p) provisional.

Average of average earnings forecasts for 2015 is 2.5% (HM Treasury).

www.ons.gov.uk/ons/rel/lms/labour-market-statistics/november-2014/index.html