United Kingdom Average Weekly Earnings Growth  2001-2017 | Data | Chart

Average weekly earnings including bonuses in the United Kingdom rose 1.8 percent year-on-year to £503 per week before tax and other deductions in the three months to May of 2017, following a 2.1 percent increase in the prior period and in line with market expectations. It is the weakest gain since the three months to November of 2014. Excluding bonuses, average regular pay went up 2 percent to £473 per week, compared to an upwardly revised 1.8 percent rise in the previous period. Adjusted for price inflation, average weekly earnings including bonuses declined 0.7 percent, the worst since June to August of 2014; and excluding bonuses, earnings fell 0.5 percent. Yet, pay growth remained well below the inflation rate for the fourth straight month in May. Wage Growth in the United Kingdom averaged 2.87 percent from 2001 until 2017, reaching an all time high of 6.60 percent in February of 2007 and a record low of -2.60 percent in March of 2009.

United Kingdom Average Weekly Earnings Growth
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-06-14 08:30 AM Apr 1.7% 1.8% 2% 2%
2017-07-12 08:30 AM May 1.8% 2.1% 1.8% 2.1%
2017-07-12 08:30 AM May 2.0% 1.8% 1.9% 1.8%
2017-08-16 08:30 AM Jun 1.8% 1.69%
2017-08-16 08:30 AM Jun 2.0%
2017-09-13 08:30 AM Jul




United Kingdom Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 4.60 12.00 3.40 percent [+]
Employed Persons 30815.00 30746.00 30815.00 23187.00 Thousand [+]
Unemployed Persons 814.50 808.60 3090.00 422.60 Thousand [+]
Part Time Employment 8478.00 8454.00 8583.00 5995.00 Thousand [+]
Full Time Employment 23532.00 23500.00 23532.00 19136.00 Thousand [+]
Employment Rate 74.90 74.80 74.90 65.60 percent [+]
Claimant Count Change 5.90 7.70 142.80 -98.50 Thousand [+]
Labor Force Participation Rate 78.50 78.50 78.50 74.10 percent [+]
Long Term Unemployment Rate 1.20 1.30 4.30 0.90 percent [+]
Youth Unemployment Rate 12.20 12.30 22.30 9.70 percent [+]
Labour Costs 102.90 102.60 103.00 20.70 Index Points [+]
Productivity 101.80 102.40 102.40 44.60 Index Points [+]
Job Vacancies 774.00 770.00 777.00 432.00 Thousand [+]
Wages 503.00 502.00 503.00 300.00 GBP/Week [+]
Wages in Manufacturing 583.00 583.00 583.00 356.00 GBP/Week [+]
Wage Growth 1.80 2.10 6.60 -2.60 percent [+]
Minimum Wages 7.50 7.20 7.50 5.05 GBP/Hour [+]
Population 65.81 65.38 65.81 52.20 Million [+]
Retirement Age Women 63.50 63.00 63.50 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Wages Low Skilled 1190.00 1220.00 1260.00 1160.00 GBP/Month [+]
Wages High Skilled 2140.00 2190.00 2190.00 2040.00 GBP/Month [+]
Living Wage Family 1152.50 1141.20 1360.00 1006.10 GBP/Month [+]
Living Wage Individual 1043.60 1019.80 1043.60 878.80 GBP/Month [+]
Average Weekly Hours 32.10 32.20 33.50 31.30 Hours [+]
Employment Change 0.40 0.10 0.80 -0.90 percent [+]


United Kingdom Average Weekly Earnings Growth Notes

In the United Kingdom, wage growth refers to changes in average weekly earnings, before tax and other deductions and including bonuses. This page provides the latest reported value for - United Kingdom Average Weekly Earnings Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Average Weekly Earnings Growth - actual data, historical chart and calendar of releases - was last updated on July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.80 2.10 6.60 -2.60 2001 - 2017 percent Monthly
SA



wage growth by Country

Last
Australia 1.90 Mar/17
Euro Area 1.40 Mar/17
France 0.50 Mar/17
Germany 0.60 Mar/17
Italy 0.50 May/17
Japan 0.70 May/17
Netherlands 1.30 Jun/17
Russia 2.90 Jun/17
Switzerland 0.70 Dec/16
United Kingdom 1.80 May/17
United States 2.95 May/17