Workplace Report December 2015

Pay and prices

Average weekly earnings (AWE)


Total pay including bonuses. Percentage annual increases


Month Whole economy Private 
sector Public
 sector Manufacturing Services
August 2014 (r) 0.8% 1.0% 0.5% 1.4% 0.7%
September (r) 1.6% 2.0% 0.6% 2.4% 1.5%
October (r) 2.1% 2.6% 0.6% 1.6% 2.2%
November 2.0% 2.4% 0.7% 1.1% 2.0%
December 2.5% 2.9% 0.9% 2.1% 2.5%
January 2015 1.5% 1.7% 0.8% 0.3% 1.9%
February 1.1% 1.2% 2.2% 0.0% 1.4%
March 4.4% 5.7% 0.6% 2.1% 4.7%
April 2.7% 3.1% 0.9% 1.7% 2.8%
May 2.8% 3.3% 1.1% 1.0% 2.9%
June 2.3% 2.5% 1.0% 1.7% 2.4%
July 3.6% 4.3% 1.0% 1.7% 3.7%
August 3.2% 3.6% 1.2% 1.7% 3.2%
September (r) 2.1% 2.3% 1.5% 1.2% 2.1%
October (p) 1.9% 2.1% 1.3% 1.6% 1.7%
Headline rate1 2.4% 2.7% 1.3% 1.5% 2.3%

1 The latest three-month average.

(r) revised, (p) provisional

Source: Office for National Statistics

www.ons.gov.uk/ons/rel/lms/labour-market-statistics/december-2015/dataset--earnings.html

Average of average earnings forecasts for 2015 is 2.6% (HM Treasury).

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/485731/201512_Forecomp_December_2015__.pdf