Workplace Report December 2014

Pay and prices

Average weekly earnings (AWE)

Total pay including bonuses. Percentage annual increases

Month	Whole economy	Private sector	Public sector	Manufacturing	Services
August 2013 (r)	0.7%	1.2%	-1.5%	1.8%	0.4%
September (r)	0.9%	1.2%	0.0%	1.8%	0.7%
October (r)	1.0%	1.3%	0.3%	2.3%	0.8%
November (r)	0.7%	0.9%	0.2%	2.7%	0.6%
December (r)	1.7%	2.0%	0.2%	2.9%	1.4%
January 2014 (r)	1.6%	2.0%	0.8%	3.8%	1.2%
February (r)	1.9%	2.0%	1.3%	2.9%	1.9%
March (r)	2.1%	2.4%	1.4%	2.5%	2.0%
April (r)	-1.4%	-1.9%	0.6%	0.8%	-1.6%
May (r)	0.4%	0.7%	0.1%	2.0%	0.3%
June (r)	0.6%	1.4%	-2.1%	2.2%	0.4%
July (r)	0.7%	0.8%	1.1%	1.9%	0.3%
August (r)	0.9%	1.1%	0.6%	1.4%	0.8%
September (r)	1.5%	1.7%	0.8%	2.3%	1.3%
October (p)	1.8%	2.2%	0.5%	1.5%	1.8%
Headline rate¹	1.4%	1.7%	0.6%	1.8%	1.3%

¹The latest three-month average

Source: Office for National Statistics

(r) revised, (p) provisional

Average of average earnings forecasts for 2015 is 2.4% (HM Treasury).