UK regular pay, excluding bonuses, increased 3.5% year-on-year to GBP 705 per week in the three months to July 2026, maintaining the same pace as in the previous period and in line with market expectations. It remained the fastest annual growth since the three months to February, as public sector pay growth edged up to 6.3% from 6.2%, marking its strongest increase since the three months to December 2025. Meanwhile, private sector wage growth held steady at 2.9%, remaining at its slowest pace since the three months to October 2020. By industry, wages rose in wholesale, retail, hotels and restaurants (3.1%), manufacturing (2.9%), services (3.8%), finance and business services (2.7%), and construction (0.3%). After adjusting for inflation, real regular pay increased by 0.6%, unchanged from the previous period and marking its strongest growth since the three months to November 2025. source: Office for National Statistics

Average Earnings Excluding Bonus in the United Kingdom remained unchanged at 3.50 percent in July. 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 remained unchanged at 3.50 percent in July. Average Earnings Excluding Bonus in the United Kingdom is expected to be 2.90 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.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-18 06:00 AM
Average Earnings excl. Bonus (3Mo/Yr)
Jun 3.5% 3.4% 3.4% 3.3%
2026-09-15 06:00 AM
Average Earnings excl. Bonus (3Mo/Yr)
Jul 3.5% 3.5% 3.5% 3.4%
2026-10-20 06:00 AM
Average Earnings excl. Bonus (3Mo/Yr)
Aug 3.5%


Related Last Previous Unit Reference
Average Earnings excl. Bonus (3Mo/Yr) 3.50 3.50 percent Jul 2026
Average Weekly Hours 32.00 32.10 Hours Jul 2026
Claimant Count Change 27.80 -11.80 Thousand Aug 2026
Employed Persons 34478.00 34469.00 Thousand Jul 2026
Employment Change 67.00 83.00 Thousand Jul 2026
Employment Rate 75.10 75.10 percent Jul 2026
Full Time Employment 25772.00 25746.00 Thousand Jul 2026
Inactivity Rate 20.90 20.90 percent Jul 2026
Job Vacancies 702.00 706.00 Thousand Jul 2026
Labor Force Participation Rate 79.10 79.10 percent Jul 2026
Labour Costs 114.50 112.70 points Mar 2026
HMRC Payrolls Change -26.10 -19.32 Thousand Aug 2026
Part Time Employment 8705.00 8724.00 Thousand Jul 2026
Population 69.49 69.28 Million Dec 2025
Labour Productivity 99.30 100.10 points Jun 2026
Real Earnings Excluding Bonuses 0.60 0.80 percent Jul 2026
Real Earnings Including Bonuses 0.60 1.30 percent Jul 2026
Unemployed Persons 1663.70 1675.50 Thousand Jul 2026
Unemployment Rate 4.90 4.90 percent Jul 2026
Average Earnings incl. Bonus (3Mo/Yr) 3.90 4.20 percent Jul 2026
Average Weekly Wages 756.00 756.00 GBP/Week Jul 2026
Wages in Manufacturing 818.00 821.00 GBP/Week Jul 2026
Youth Unemployment Rate 14.40 14.60 percent Jul 2026


United Kingdom Average Earnings Excluding Bonuses YoY
In the United Kingdom, Average Earnings Excluding Bonuses refers to changes in average weekly earnings, before tax and other deductions and excluding bonuses.
Actual Previous Highest Lowest Dates Unit Frequency
3.50 3.50 7.90 -0.20 2001 - 2026 percent Monthly
SA

News Stream
UK Regular Pay Growth Holds at 3.5%
UK regular pay, excluding bonuses, increased 3.5% year-on-year to GBP 705 per week in the three months to July 2026, maintaining the same pace as in the previous period and in line with market expectations. It remained the fastest annual growth since the three months to February, as public sector pay growth edged up to 6.3% from 6.2%, marking its strongest increase since the three months to December 2025. Meanwhile, private sector wage growth held steady at 2.9%, remaining at its slowest pace since the three months to October 2020. By industry, wages rose in wholesale, retail, hotels and restaurants (3.1%), manufacturing (2.9%), services (3.8%), finance and business services (2.7%), and construction (0.3%). After adjusting for inflation, real regular pay increased by 0.6%, unchanged from the previous period and marking its strongest growth since the three months to November 2025.
2026-09-15
UK Wage Growth Above Estimates
UK regular pay, excluding bonuses, increased 3.5% year-on-year to GBP 703 per week in the three months to June 2026, following growth in the previous two periods of 3.4%, which was in line with market expectations. It was the fastest annual rise since the three months to February, as public sector pay accelerated to 6.1% from 5.5%, marking the strongest increase since the three months to December 2025. Meanwhile, private sector wage growth eased slightly to 2.8% from 2.9%, the slowest since the three months to October 2020. By industry, wages rose in wholesale, retail, hotels and restaurants (3.5%), manufacturing (2.8%), services (3.8%), and finance and business services (2.3%), but declined in construction (-0.1%). After adjusting for inflation, real regular pay increased 0.5%, up from 0.3% in the prior period and pointing to the strongest growth since the three months to December 2025.
2026-08-18
UK Wage Growth Steady at 3.4%
UK regular pay, excluding bonuses, increased 3.4% year-on-year to GBP 699 per week in the three months to May 2026, matching the pace seen in the previous two periods and meeting market expectations. However, it remained the weakest annual growth since the three months to October 2020. Private sector wage growth eased slightly to 2.9% from 3.0%, the slowest since the three months to October 2020. Meanwhile, public sector pay accelerated to 5.5% from 5.1%, marking the strongest increase since the three months to January. By industry, wages rose in wholesale, retail, hotels and restaurants (3.6%), manufacturing (2.8%), services (3.7%), and finance and business services (2.3%), but declined in construction (-0.2%). After adjusting for inflation, real regular pay increased 0.3%, up from 0.1% in the prior two periods and the strongest growth since the three months to January.
2026-07-21