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 11 June 2024 06:00

Previous
5.9%
Revised
5.9%
Forecast
5.7%
Actual
5.9%

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

Next event - Thursday 18 July 2024 06:00

Previous
-
Forecast
-
Actual
-

The typical/expected impact on GBP pairs is medium.

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

Trading range

Forecast history

The most recent announced value for Average Earnings Including Bonus (3Mo/Yr) was 5.9% against a forecast of 5.7%.

Past events

Date
Forecast
Actual
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%
Tuesday 16 August 2022 06:00
4.5%
5.1%
Tuesday 19 July 2022 06:00
6.9%
6.2%
Tuesday 14 June 2022 06:00
7.6%
6.8%
Tuesday 17 May 2022 06:00
5.4%
7%
Tuesday 12 April 2022 06:00
5.4%
5.4%
Tuesday 15 March 2022 07:00
4.6%
4.8%
Tuesday 15 February 2022 07:00
3.9%
4.3%
Tuesday 18 January 2022 07:00
4.2%
4.2%
Tuesday 14 December 2021 07:00
4.5%
4.9%
Tuesday 16 November 2021 07:00
5.6%
5.8%
Tuesday 12 October 2021 06:00
7%
7.2%
Tuesday 14 September 2021 06:00
8.2%
8.3%
Tuesday 17 August 2021 06:00
8.7%
8.8%
Thursday 15 July 2021 06:00
7.2%
7.3%

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 Including Bonus (3Mo/Yr) result:

PreviousLatest
S&P Global/CIPS Composite PMIBearish change5351.7
S&P Global/CIPS Manufacturing PMIBullish change51.251.4
S&P Global/CIPS Services PMIBearish change52.951.2
Retail Sales (MoM)Bullish change-1.8%2.9%
Retail Sales (YoY)Bullish change-2.3%1.3%
Retail Sales ex-Fuel (MoM)Bullish change-1.4%2.9%
Retail Sales ex-Fuel (YoY)Bullish change-2.5%1.2%
GfK Consumer ConfidenceBullish change-17-14
BoE MPC Vote Rate Cut(no change)22
BoE MPC Vote Rate Hike(no change)00
Consumer Price Index (MoM)(no change)0.3%0.3%
Consumer Price Index (YoY)Bearish change2.3%2%
Core Consumer Price Index (YoY)Bearish change3.9%3.5%
PPI Core Output (MoM) n.s.a(no change)0.2%0.2%
PPI Core Output (YoY) n.s.a Bullish change0.3%1%
Producer Price Index - Output (MoM) n.s.aBearish change0.3%-0.1%
Producer Price Index - Output (YoY) n.s.aBullish change1.1%1.7%
Retail Price Index (MoM)Bearish change0.5%0.4%
Retail Price Index (YoY)Bearish change3.3%3%
Consumer Inflation ExpectationsBearish change3%2.8%
Gross Domestic Product (MoM)Bearish change0.4%0%
Industrial Production (MoM)Bearish change0.2%-0.9%
Manufacturing Production (MoM)Bearish change0.3%-1.4%
Manufacturing Production (YoY)Bearish change2.3%0.4%
Average Earnings Excluding Bonus (3Mo/Yr)(no change)6%6%
Claimant Count ChangeBearish change8.4K50.4K
Claimant Count RateBearish change4.1%4.3%
Employment ChangeBullish change-177K-140K
ILO Unemployment Rate (3M)Bearish change4.3%4.4%

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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