UK average earnings rose more than expected in January

Market news

21 March 2018

UK average earnings rose more than expected in January

Latest estimates show that average weekly earnings for employees in Great Britain in nominal terms (that is, not adjusted for price inflation) increased by 2.6% excluding bonuses, and by 2.8% including 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 0.2% excluding bonuses, but were unchanged including bonuses, compared with a year earlier.

Sterling up 0.4 pct at $1.4073 after UK employment data beats forcasts

UK unemployment rate down 0.1% to 4.3% in January

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