Wages in Manufacturing in the United Kingdom increased to 595 GBP/Week in May from 591 GBP/Week in April of 2020.

Wages in Manufacturing in the United Kingdom averaged 498.65 GBP/Week from 2000 until 2020, reaching an all time high of 622 GBP/Week in November of 2019 and a record low of 356 GBP/Week in February of 2000. This page provides - United Kingdom Average Weekly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Average Weekly Wages in Manufacturing - values, historical data and charts - was last updated on August of 2020. source: Office for National Statistics

Wages in Manufacturing in the United Kingdom is expected to be 596.02 GBP/Week by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in the United Kingdom to stand at 602.14 in 12 months time. In the long-term, the United Kingdom Average Weekly Wages in Manufacturing is projected to trend around 617.32 GBP/Week in 2021 and 629.67 GBP/Week in 2022, according to our econometric models.

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United Kingdom Average Weekly Wages in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
595.00 591.00 622.00 356.00 2000 - 2020 GBP/Week Monthly
Current Prices, SA

United Kingdom Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 3.90 12.00 3.40 percent [+]
Employed Persons 32948.00 32991.00 33144.00 23630.00 Thousand [+]
Unemployed Persons 2631.40 2801.70 3090.00 422.60 Thousand [+]
Part Time Employment 8456.00 8595.00 8704.00 5995.00 Thousand [+]
Full Time Employment 24492.00 24396.00 24492.00 19136.00 Thousand [+]
Employment Rate 76.40 76.40 76.60 65.60 percent [+]
Claimant Count Change -28.10 566.40 853.00 -98.50 Thousand [+]
Labor Force Participation Rate 79.60 79.50 79.80 74.10 percent [+]
Long Term Unemployment Rate 0.90 0.80 4.30 0.80 percent [+]
Youth Unemployment Rate 12.40 11.80 22.30 9.70 percent [+]
Labour Costs 113.70 110.00 113.70 20.90 points [+]
Productivity 100.60 101.90 101.90 42.40 points [+]
Job Vacancies 333.00 476.00 855.00 333.00 Thousand [+]
Wages 530.00 529.00 546.00 300.00 GBP/Week [+]
Wages in Manufacturing 595.00 591.00 622.00 356.00 GBP/Week [+]
Wage Growth -0.30 1.00 6.70 -2.70 percent [+]
Minimum Wages 8.72 8.21 8.72 5.05 GBP/Hour [+]
Population 66.65 66.27 66.65 52.20 Million [+]
Retirement Age Women 66.00 65.50 66.00 60.00 [+]
Retirement Age Men 66.00 65.50 66.00 65.00 [+]
Average Weekly Hours 26.60 29.10 33.50 26.60 Hours [+]
Employment Change -126.00 6.00 311.00 -279.00 Thousand [+]