United Kingdom Average Weekly Earnings Growth  2001-2018 | Data | Chart

UK workers' total earnings, including bonuses, rose by an annual 2.5 percent to GBP 516 per week in the three months to April 2018, easing further from a 2.6 percent increase in the previous period, and below market expectations of a 2.6 percent gain. It was the slowest rise in wages since the three months to November. Wages went up less in financial services (2.1% vs 2.3%) and manufacturing (2.5% vs 2.7%) and were steady in the public sector (2.5%). In contrast, wage growth picked up in wholesaling, retailing, hotels and restaurants (2.4% vs 2.2%) and construction (5.0% vs 4.5%). Excluding bonuses, earnings went up 2.8 percent to GBP 484 per week, compared to a 2.9 percent gain in the previous period and market expectations of 2.9 percent. In real terms, earnings including bonuses edged up 0.1 percent, and those excluding bonuses rose 0.4 percent. It was the third straight increase for both wages, which continued to rise slightly faster than inflation. Wage Growth in the United Kingdom averaged 2.85 percent from 2001 until 2018, 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 TEForecast
2018-05-15 08:30 AM Average Earnings excl. Bonus 2.9% 2.8% 2.9% 2.9%
2018-06-12 08:30 AM Average Earnings excl. Bonus 2.8% 2.9% 2.9% 2.9%
2018-06-12 08:30 AM Average Earnings incl. Bonus 2.5% 2.6% 2.6% 2.7%
2018-07-17 08:30 AM Average Earnings incl. Bonus 3%
2018-07-17 08:30 AM Average Earnings excl. Bonus
2018-08-14 08:30 AM Average Earnings incl. Bonus 3.1%


United Kingdom Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.20 4.20 12.00 3.40 percent [+]
Employed Persons 32394.00 32344.00 32394.00 23630.00 Thousand [+]
Unemployed Persons 886.20 893.90 3090.00 422.60 Thousand [+]
Part Time Employment 8636.00 8598.00 8636.00 5995.00 Thousand [+]
Full Time Employment 23758.00 23746.00 23758.00 19136.00 Thousand [+]
Employment Rate 75.60 75.60 75.60 65.60 percent [+]
Claimant Count Change -7.70 28.20 142.80 -98.50 Thousand [+]
Labor Force Participation Rate 79.00 79.00 79.00 74.10 percent [+]
Long Term Unemployment Rate 1.10 1.20 4.30 0.90 percent [+]
Youth Unemployment Rate 11.50 11.50 22.30 9.70 percent [+]
Productivity 101.40 101.90 101.90 43.70 Index Points [+]
Labour Costs 105.50 105.10 105.50 20.80 Index Points [+]
Job Vacancies 818.00 806.00 822.00 432.00 Thousand [+]
Wages 516.00 515.00 516.00 300.00 GBP/Week [+]
Wage Growth 2.50 2.60 6.60 -2.60 percent [+]
Wages in Manufacturing 599.00 599.00 599.00 356.00 GBP/Week [+]
Minimum Wages 7.83 7.50 7.83 5.05 GBP/Hour [+]
Population 65.81 65.38 65.81 52.20 Million [+]
Retirement Age Women 65.00 64.17 65.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Living Wage Family 1280.00 1220.00 1280.00 1170.00 GBP/Month [+]
Living Wage Individual 970.00 920.00 970.00 840.00 GBP/Month [+]
Wages Low Skilled 1330.00 1280.00 1330.00 1220.00 GBP/Month [+]
Wages High Skilled 2210.00 2110.00 2210.00 2110.00 GBP/Month [+]
Average Weekly Hours 31.80 31.90 33.50 31.30 Hours [+]
Employment Change 146.00 197.00 307.00 -279.00 Thousand [+]


United Kingdom Average Weekly Earnings Growth

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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 2.60 6.60 -2.60 2001 - 2018 percent Monthly
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wage growth by Country
Country Last
Australia 2.10 Mar/18
Euro Area 1.80 Mar/18
France 0.10 Dec/17
Germany 1.10 Mar/18
Italy 0.90 Apr/18
Japan 0.80 Apr/18
Netherlands 1.65 May/18
Russia 7.30 May/18
Switzerland 0.40 Dec/17
United Kingdom 2.50 Apr/18
United States 4.56 Apr/18


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