Workplace Report (October 2014)

Pay and prices

Average weekly earnings (AWE)

Total pay including bonuses. Percentage annual increases.

Month Whole economy Private sector Public sector Manufacturing Services
June 2013 (r) 1.0% 1.1% 0.0% 2.5% 1.0%
July (r) 0.8% 1.1% 0.3% 2.0% 0.8%
August (r) 0.6% 1.1% -1.4% 1.7% 0.3%
September 0.9% 1.2% 0.1% 1.8% 0.8%
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 (r) 0.7% 0.8% 0.6% 1.9% 0.3%
August (p) 0.8% 0.8% 1.0% 1.3% 0.7%
Headline rate1 0.7% 0.9% -0.2% 1.8% 0.5%

1 The latest three-month average.

Source: Office for National Statistics

(r) revised, (p) provisional.

Average of average earnings forecasts for 2014 is 1.4% (HM Treasury).

www.ons.gov.uk/ons/rel/lms/labour-market-statistics/october-2014/dataset--earnings.html

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/363808/Forecomp_201410.pdf


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