Key economic indicators

Earnings and pay

% annual rise Whole economy (1) Manufacturing (1) Services (1) Private sector (1) Public sector (1) LRD average pay deals (2) 2002

August 3.5 3.8 3.5 3.6 3.0 3.0

September 3.7 3.4 3.7 3.6 3.9 3.0

October 3.8 3.9 3.8 3.7 4.2 3.0

November 4.1 4.1 4.2 3.9 4.9 3.0

December 3.4 4.3 3.1 3.0 5.0 3.0

2003

January 3.3 3.8 3.1 2.9 5.1 3.0

February 2.9 4.4 2.5 2.4 5.2 3.0

March 4.4 6.5 4.1 4.2 5.1 3.0

April 2.6 2.6 2.6 2.0 5.1 3.2

May 3.1 3.2 3.3 2.8 4.6 3.2

June 3.2 3.0 3.3 2.6 5.4 3.2

July (r) 3.6 3.2 3.9 3.2 5.3 3.3

August (p) 3.5 2.8 3.9 2.8 6.1 3.5

Headline rate for August3 3.4 3.0 3.7 2.9 5.6

1 Average weekly earnings in Great Britain, seasonally adjusted, as monitored by National Statistics. 2 The midpoint of pay settlements for the latest three months as monitored on the Labour Research Department's PayLine database. 3 The average of the earnings increase figures for the latest three months compared with a year earlier. (r) revised (p) provisional

Retail prices

Retail price index (Jan 1987=100) % annual increase % increase excluding mortgage payments 2002

August 176.4 1.4 1.9

September 177.6 1.7 2.1

October 177.9 2.1 2.3

November 178.2 2.6 2.8

December 178.5 2.9 2.7

2003

January 178.4 2.9 2.7

February 179.3 3.2 3.0

March 179.9 3.1 3.0

April 181.2 3.1 3.0

May 181.5 3.0 2.9

June 181.3 2.9 2.8

July 181.3 3.1 2.9

August 181.6 2.9 2.9

September 182.5 2.8 2.8

Source: National Statistics

Full time average weekly earnings by occupation

All workers 475.80

All male 525.00

All female 396.00

Managers 747.50

Professionals 650.70

Associate professionals1 327.90

Admin & secretarial 338.40

Skilled/craft 412.40

Services2 282.90

Sales 188.90

Ooperatives 373.80

Other manual jobs3 306.00

1 Associate professionals include technicians, nurses, police, fire fighters, media/PR workers, train drivers, legal and finance workers and sales reps. 2 Services means personal service occupations such as care workers, travel assistants, hairdressers, caretakers. 3 Other manual jobs refers to "elementary" occupations including farm workers, labourers, dockers, postal workers, porters, waiters, cleaners.