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).

Hide description Full calendar

Most recent - Tuesday 16 April 2024 06:00

6.1%

Revised

Forecast

Actual

Next event - Tuesday 14 May 2024 06:00

Forecast

Actual

The typical/expected impact on GBP pairs is medium.

There is no forecast value for Average Earnings Excluding Bonus (3Mo/Yr) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Average Earnings Excluding Bonus (3Mo/Yr) was 6%.

Past events

Date

Forecast

Actual

Tuesday 16 April 2024 06:00

Tuesday 12 March 2024 07:00

6.2%

6.1%

Tuesday 13 February 2024 07:00

6.2%

Tuesday 16 January 2024 07:00

6.6%

Tuesday 12 December 2023 07:00

7.4%

7.3%

Tuesday 14 November 2023 07:00

7.7%

Tuesday 17 October 2023 06:00

7.8%

Tuesday 12 September 2023 06:00

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

5.2%

Tuesday 16 August 2022 06:00

4.5%

4.7%

Tuesday 19 July 2022 06:00

4.3%

Tuesday 14 June 2022 06:00

4.2%

Tuesday 17 May 2022 06:00

4.2%

Tuesday 12 April 2022 06:00

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%

Tuesday 14 December 2021 07:00

4.3%

Tuesday 16 November 2021 07:00

4.9%

Tuesday 12 October 2021 06:00

5.9%

Tuesday 14 September 2021 06:00

6.8%

Tuesday 17 August 2021 06:00

7.4%

Thursday 15 July 2021 06:00

6.6%

Tuesday 15 June 2021 06:00

5.3%

5.6%

Tuesday 18 May 2021 06:00

4.6%

Economic context

Recent economic data has been moderately bearish for GBP. Other recent announcements which may affect the market's interpretation of the next Average Earnings Excluding Bonus (3Mo/Yr) result:

		Previous	Latest
S&P Global/CIPS Composite PMI	Bullish change	52.8	54
S&P Global/CIPS Manufacturing PMI	Bearish change	50.3	48.7
S&P Global/CIPS Services PMI	Bullish change	53.1	54.9
Retail Sales (MoM)	Bearish change	0.1%	0%
Retail Sales (YoY)	Bullish change	-0.3%	0.8%
Retail Sales ex-Fuel (MoM)	Bearish change	0.3%	-0.3%
Retail Sales ex-Fuel (YoY)	Bullish change	-0.4%	0.4%
Consumer Price Index (MoM)	(no change)	0.6%	0.6%
Consumer Price Index (YoY)	Bearish change	3.4%	3.2%
Core Consumer Price Index (YoY)	Bearish change	4.5%	4.2%
PPI Core Output (MoM) n.s.a	Bullish change	0.1%	0.3%
PPI Core Output (YoY) n.s.a	Bearish change	0.2%	0.1%
Producer Price Index - Output (MoM) n.s.a	Bearish change	0.3%	0.2%
Producer Price Index - Output (YoY) n.s.a	Bullish change	0.4%	0.6%
Retail Price Index (MoM)	Bearish change	0.8%	0.5%
Retail Price Index (YoY)	Bearish change	4.5%	4.3%
Average Earnings Including Bonus (3Mo/Yr)	(no change)	5.6%	5.6%
Claimant Count Change	Bearish change	4.1K	10.9K
Claimant Count Rate	(no change)	4%	4%
Employment Change	Bearish change	-89K	-156K
ILO Unemployment Rate (3M)	Bearish change	4%	4.2%
Gross Domestic Product (MoM)	Bearish change	0.3%	0.1%
Industrial Production (MoM)	Bullish change	-0.3%	1.1%
Manufacturing Production (MoM)	Bullish change	-0.2%	1.2%
Manufacturing Production (YoY)	Bullish change	1.5%	2.7%

About Average Earnings Excluding Bonus (3Mo/Yr)

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

Related events

	Australia		Unemployment Rate s.a.
	Australia		Employment Change s.a.
	Canada		Unemployment Rate
	Canada		Net Change in Employment
	New Zealand		Unemployment Rate
	New Zealand		Employment Change
	United Kingdom		Employment Change
	United Kingdom		ILO Unemployment Rate (3M)
	United Kingdom		Claimant Count Change
	United States		Nonfarm Payrolls
	United States		ADP Employment Change
	Australia		Wage Price Index (QoQ)
	Australia		Full-Time Employment
	Canada		Participation Rate
	Canada		Average Hourly Wages (YoY)
	Switzerland		Unemployment Rate s.a (MoM)
	Germany		Unemployment Change
	Germany		Unemployment Rate s.a.
	Eurozone		Labor Cost
	Eurozone		Unemployment Rate
	Italy		Unemployment
	Japan		Jobs / Applicants Ratio
	Japan		Unemployment Rate
	New Zealand		Participation Rate
	New Zealand		Labour Cost Index (QoQ)
	United Kingdom		Claimant Count Rate
	United Kingdom		Average Earnings Including Bonus (3Mo/Yr)
	United States		ISM Manufacturing Employment Index
	United States		Unit Labor Costs
	United States		Personal Income (MoM)
	United States		ISM Services Employment Index
	United States		Unemployment Rate
	United States		Nonfarm Productivity
	United States		Initial Jobless Claims
	United States		Labor Force Participation Rate
	United States		U6 Underemployment Rate
	United States		Initial Jobless Claims 4-week average
	United States		Average Hourly Earnings (MoM)
	United States		Average Hourly Earnings (YoY)

Calendar - Average Earnings Excluding Bonus (3Mo/Yr) - United Kingdom

Average Earnings Excluding Bonus (3Mo/Yr)

Most recent - Tuesday 16 April 2024 06:00

Next event - Tuesday 14 May 2024 06:00

Trading range

Trading range after each Average Earnings Excluding Bonus (3Mo/Yr) event

Forecast history

Past events

Economic context

About Average Earnings Excluding Bonus (3Mo/Yr)

Related events