UK regular pay, excluding bonuses, rose 3.7% year-on-year to GBP 707 per week in the three months to August 2026, up slightly from a marginally revised figure in the previous period and market expectations of 3.6%. This marked the strongest annual growth since the three months to January, as private sector wage growth edged up to 3.0% from 2.9% in the previous three-month period, its fastest pace since the three months to April. Meanwhile, public sector pay growth held steady at 6.3% for a second consecutive period, remaining at its highest rate since the three months to December 2025. By industry, wage growth reached 3.1% in wholesale, retail, hotels and restaurants; 2.9% in manufacturing; 3.9% in services; 3.3% in finance and business services; and 1.1% in construction. After adjusting for inflation, real regular pay grew 0.6%, unchanged for a third consecutive period and remaining at its strongest pace since the three months to November 2025. source: Office for National Statistics
Average Earnings Excluding Bonus in the United Kingdom increased to 3.70 percent in August from 3.60 percent in July of 2026. Average Earnings Excluding Bonus in the United Kingdom averaged 3.38 percent from 2001 until 2026, reaching an all time high of 7.90 percent in August of 2023 and a record low of -0.20 percent in June of 2020. This page includes a chart with historical data for the United Kingdom Average Earnings Excluding Bonus YoY. United Kingdom Average Earnings Excluding Bonuses YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.
Average Earnings Excluding Bonus in the United Kingdom increased to 3.70 percent in August from 3.60 percent in July of 2026. Average Earnings Excluding Bonus in the United Kingdom is expected to be 2.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Average Earnings Excluding Bonuses YoY is projected to trend around 2.30 percent in 2027 and 2.20 percent in 2028, according to our econometric models.