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Average Earnings Including Bonus (3Mo/Yr)

The Average Earing Including Bonus released by the National Statistics is a key short-term indicator of how levels of pay are changing within the UK economy. 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 12 August 2025 06:00

Previous
5%
Revised
-
Forecast
4.7%
Actual
4.6%

Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.

Trading range

Forecast history

The most recent announced value for Average Earnings Including Bonus (3Mo/Yr) was 4.6% against a forecast of 4.7%.

Past events

Date
Forecast
Actual
Tuesday 12 August 2025 06:00
4.7%
4.6%
Thursday 17 July 2025 06:00
5%
5%
Tuesday 10 June 2025 06:00
5.5%
5.3%
Tuesday 13 May 2025 06:00
5.2%
5.5%
Tuesday 15 April 2025 06:00
5.7%
5.6%
Thursday 20 March 2025 07:00
5.9%
5.8%
Tuesday 18 February 2025 07:00
5.9%
6%
Tuesday 21 January 2025 07:00
5.6%
5.6%
Tuesday 17 December 2024 07:00
4.6%
5.2%
Tuesday 12 November 2024 07:00
3.9%
4.3%
Tuesday 15 October 2024 06:00
3.8%
3.8%
Tuesday 10 September 2024 06:00
4.1%
4%
Tuesday 13 August 2024 06:00
-
4.5%
Thursday 18 July 2024 06:00
5.7%
5.7%
Tuesday 11 June 2024 06:00
5.7%
5.9%
Tuesday 14 May 2024 06:00
5.3%
5.7%
Tuesday 16 April 2024 06:00
5.5%
5.6%
Tuesday 12 March 2024 07:00
5.7%
5.6%
Tuesday 13 February 2024 07:00
5.6%
5.8%
Tuesday 16 January 2024 07:00
6.8%
6.5%
Tuesday 12 December 2023 07:00
7.7%
7.2%
Tuesday 14 November 2023 07:00
7.4%
7.9%
Tuesday 17 October 2023 06:00
8.3%
8.1%
Tuesday 12 September 2023 06:00
8.2%
8.5%
Tuesday 15 August 2023 06:00
7.3%
8.2%
Tuesday 11 July 2023 06:00
6.8%
6.9%
Tuesday 13 June 2023 06:00
6.1%
6.5%
Tuesday 16 May 2023 06:00
5.1%
5.8%
Tuesday 18 April 2023 06:00
5.1%
5.9%
Tuesday 14 March 2023 07:00
5.7%
5.7%
Tuesday 14 February 2023 07:00
6.2%
5.9%
Tuesday 17 January 2023 07:00
6.1%
6.4%
Tuesday 13 December 2022 07:00
6.2%
6.1%
Tuesday 15 November 2022 07:00
6%
6%
Tuesday 11 October 2022 06:00
5.9%
6%
Tuesday 13 September 2022 06:00
5.2%
5.5%

Economic context

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

PreviousLatest
GfK Consumer ConfidenceBullish change-19-17
S&P Global Composite PMIBullish change51.553
S&P Global Manufacturing PMIBearish change4847.3
S&P Global Services PMIBullish change51.853.6
Consumer Price Index (MoM)Bearish change0.3%0.1%
Consumer Price Index (YoY)Bullish change3.6%3.8%
Core Consumer Price Index (YoY)Bullish change3.7%3.8%
Retail Price Index (MoM)(no change)0.4%0.4%
Retail Price Index (YoY)Bullish change4.4%4.8%
Gross Domestic Product (MoM)Bullish change-0.1%0.4%
Gross Domestic Product (QoQ)Bearish change0.7%0.3%
Gross Domestic Product (YoY)Bearish change1.3%1.2%
Industrial Production (MoM)Bullish change-1.3%0.7%
Manufacturing Production (MoM)Bullish change-1%0.5%
Average Earnings Excluding Bonus (3Mo/Yr)(no change)5%5%
Claimant Count ChangeBearish change-15.5K-6.2K
Claimant Count Rate(no change)4.4%4.4%
Employment Change (3M)Bullish change134K239K
ILO Unemployment Rate (3M)(no change)4.7%4.7%
BRC Like-For-Like Retail Sales (YoY)Bearish change2.7%1.8%

About Average Earnings Including Bonus (3Mo/Yr)

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