Workplace Report February 2016

Pay and prices

Average weekly earnings (AWE)


Total pay including bonuses. Percentage annual increases



Month Whole economy Private
sector Public
sector Manufacturing Services
October 2014 (r) 2.1% 2.5% 0.6% 1.6% 2.2%
November (r) 2.0% 2.5% 0.6% 1.2% 2.1%
December (r) 2.5% 2.8% 1.0% 2.1% 2.6%
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 2.1% 2.3% 1.5% 1.2% 2.1%
October (r) 1.9% 2.1% 1.3% 1.5% 1.8%
November (r) 2.2% 2.3% 1.5% 1.5% 2.0%
December (p) 1.5% 1.7% 0.9% 0.9% 1.4%
Headline rate1 1.9% 2.1% 1.3% 1.3% 1.7%

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/february-2016/dataset--earnings.html

Average of average earnings forecasts for 2016 is 3.0% (HM Treasury).

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/500929/201602_Forecomp_February_2016_v2.pdf