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Key economic indicators
Earnings and pay
| % annual rise | LRD average pay deals* | |||||
|---|---|---|---|---|---|---|
| Whole economy | Manufacturing | Services | Private sector | Public sector | ||
| February 2006 (r) | 4.9 | 5.3 | 4.9 | 5.0 | 4.1 | 3.0 |
| March | 4.4 | 4.8 | 4.4 | 4.4 | 4.3 | 3.0 |
| April | 3.5 | 5.9 | 3.2 | 3.7 | 2.9 | 3.0 |
| May | 4.4 | 5.7 | 4.2 | 4.7 | 3.7 | 3.0 |
| June | 4.9 | 5.9 | 4.8 | 5.3 | 3.7 | 3.0 |
| July | 3.9 | 4.8 | 3.8 | 3.8 | 4.1 | 3.0 |
| August | 3.8 | 5.3 | 3.7 | 3.9 | 3.2 | 3.0 |
| September | 4.1 | 5.4 | 4.2 | 4.3 | 3.4 | 3.0 |
| October | 4.2 | 5.1 | 4.4 | 4.4 | 3.3 | 3.0 |
| November | 4.0 | 4.7 | 4.1 | 4.1 | 3.1 | 3.4 |
| December | 3.9 | 3.9 | 4.2 | 4.0 | 3.3 | 3.5 |
| January 2007 (r) | 4.7 | 3.4 | 5.1 | 5.1 | 3.3 | 3.6 |
| February (p) | 5.1 | 3.0 | 5.5 | 5.6 | 2.9 | 3.6 |
| Headline rate for February** | 4.6 | 3.4 | 5.0 | 4.9 | 3.2 |
All columns except "LRD pay deals" show annual percentage rises in average weekly earnings in Great Britain, seasonally adjusted, as monitored by National Statistics.
* The midpoint percentage increase in minimum basic pay among pay settlements reached in the latest three months, as monitored on the Labour Research Department's Payline database.
** The average of the earnings increase figures for the latest three months compared with a year earlier.
(r) revised (p) provisionalRetail prices
| Retail prices index (RPI)* | RPI annual increase | Consumer prices index annual increase | |
|---|---|---|---|
| December 2005 | 194.1 | 2.2% | 1.9% |
| January 2006 | 193.4 | 2.4% | 1.9% |
| February | 194.2 | 2.4% | 2.0% |
| March | 195.0 | 2.4% | 1.8% |
| April | 196.5 | 2.6% | 2.0% |
| May | 197.7 | 3.0% | 2.2% |
| June | 198.5 | 3.3% | 2.5% |
| July | 198.5 | 3.3% | 2.4% |
| August | 199.2 | 3.4% | 2.5% |
| September | 200.1 | 3.6% | 2.4% |
| October | 200.4 | 3.7% | 2.4% |
| November | 201.1 | 3.9% | 2.7% |
| December | 202.7 | 4.4% | 3.0% |
| January 2007 | 201.6 | 4.2% | 2.7% |
| February | 203.1 | 4.6% | 2.8% |
| March | 198.3 | 4.8% | 3.1% |
*Jan 1987=100
Source: National Statistics
Full-time average weekly earnings by occupation
| All workers | £568.50 |
| All male | £625.30 |
| All female | £479.90 |
| Managers | £857.70 |
| Professionals | £771.70 |
| Associate professionals* | £587.00 |
| Admin & secretarial | £377.10 |
| Skilled/craft | £474.10 |
| Services** | £331.90 |
| Sales | £314.60 |
| Operatives | £437.00 |
| Other manual jobs*** | £339.40 |
* Associate professionals include technicians, nurses, police, firefighters, media/PR workers, train drivers, legal and finance workers and sales reps.
** Services means personal service occupations such as care workers, travel assistants, hairdressers and caretakers.
*** Other manual jobs are elementary occupations including farm workers, labourers, dockers, postal workers, porters, waiters and cleaners.
Source: Annual Survey of Hours and Earnings 2006 (uprated)