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Average Earnings Excluding Bonus (3Mo/Yr)

The Average Earing Excluding Bonus released by the National Statistics is a key short-term indicator of how levels of pay are changing within the UK economy. It can be seen as a measure of growth in "basic pay". Generally speaking, the positive earnings growth anticipates positive (or bullish) for the GBP, whereas a low reading is seen as negative (or bearish).

Most recent - Tuesday 14 November 2023 07:00

Previous
7.8%
Revised
7.9%
Forecast
7.7%
Actual
7.7%

Next event - Tuesday 12 December 2023 07:00

Previous
7.7%
Forecast
7.4%
Actual
-

The typical/expected impact on GBP pairs is medium.

The consensus forecast for Average Earnings Excluding Bonus (3Mo/Yr) is 7.4%. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.

Trading range

Forecast history

The most recent announced value for Average Earnings Excluding Bonus (3Mo/Yr) was 7.7% against a forecast of 7.7%.

Past events

Date
Forecast
Actual
Tuesday 14 November 2023 07:00
7.7%
7.7%
Tuesday 17 October 2023 06:00
7.8%
7.8%
Tuesday 12 September 2023 06:00
7.8%
7.8%
Tuesday 15 August 2023 06:00
7.4%
7.8%
Tuesday 11 July 2023 06:00
7.1%
7.3%
Tuesday 13 June 2023 06:00
6.9%
7.2%
Tuesday 16 May 2023 06:00
6.8%
6.7%
Tuesday 18 April 2023 06:00
6.2%
6.6%
Tuesday 14 March 2023 07:00
6.6%
6.5%
Tuesday 14 February 2023 07:00
6.5%
6.7%
Tuesday 17 January 2023 07:00
6.3%
6.4%
Tuesday 13 December 2022 07:00
5.9%
6.1%
Tuesday 15 November 2022 07:00
5.6%
5.7%
Tuesday 11 October 2022 06:00
5.3%
5.4%
Tuesday 13 September 2022 06:00
5%
5.2%
Tuesday 16 August 2022 06:00
4.5%
4.7%
Tuesday 19 July 2022 06:00
4.3%
4.3%
Tuesday 14 June 2022 06:00
4%
4.2%
Tuesday 17 May 2022 06:00
4.2%
4.2%
Tuesday 12 April 2022 06:00
4%
4%
Tuesday 15 March 2022 07:00
3.7%
3.8%
Tuesday 15 February 2022 07:00
3.6%
3.7%
Tuesday 18 January 2022 07:00
3.8%
3.8%
Tuesday 14 December 2021 07:00
4%
4.3%
Tuesday 16 November 2021 07:00
5%
4.9%
Tuesday 12 October 2021 06:00
5.9%
6%
Tuesday 14 September 2021 06:00
6.8%
6.8%
Tuesday 17 August 2021 06:00
7.4%
7.4%
Thursday 15 July 2021 06:00
6.6%
6.6%
Tuesday 15 June 2021 06:00
5.3%
5.6%
Tuesday 18 May 2021 06:00
4.6%
4.6%
Tuesday 20 April 2021 06:00
4.2%
4.4%
Tuesday 23 March 2021 07:00
4.4%
4.2%
Tuesday 23 February 2021 07:00
4%
4.1%
Tuesday 26 January 2021 07:00
3.2%
3.6%
Tuesday 15 December 2020 07:00
2.6%
2.8%

Economic context

Other recent announcements which may affect the market's interpretation of the next Average Earnings Excluding Bonus (3Mo/Yr) result:

PreviousLatest
Consumer Inflation ExpectationsBearish change3.6%3.3%
BRC Like-For-Like Retail Sales (YoY)(no change)2.6%2.6%

About Average Earnings Excluding Bonus (3Mo/Yr)

Country:United Kingdom
Currency:GBP
Source:Office for National Statistics
Category:Labor Market
Frequency:Monthly

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