UK average weekly earnings increased 2.2% in August, more than expected

Market news

18 October 2017

UK average weekly earnings increased 2.2% in August, more than expected

Latest estimates show that average weekly earnings for employees in Great Britain in nominal terms (that is, not adjusted for price inflation) increased by 2.2% including bonuses, and by 2.1% excluding bonuses, compared with a year earlier.

Average weekly earnings for employees in Great Britain in real terms (that is, adjusted for price inflation) fell by 0.3% including bonuses, and fell by 0.4% excluding bonuses, compared with a year earlier.

Eurozone: Construction Output, y/y, August 1.6%

UK unemployment rate stable at 4.3% in August

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