Wages and labour costs · United Kingdom

United Kingdom Average Earnings incl. Bonus (3Mo/Yr)

The United Kingdom Average Earnings incl. Bonus (3Mo/Yr) measures how fast pay, or the total cost of employing people, is rising in the United Kingdom.

חשיבות
Medium
פורסם
Monthly
הפרסום הבא
מטבע
GBP · pound sterling
בנק מרכזי
The Bank of England
משפיע על
EURGBP · GBPAUD · GBPCAD · GBPCHF · GBPDKK · GBPJPY · GBPNOK · GBPNZD

הנתונים האחרונים

הפרסום האחרון, עבור AUG, יצא ב-2026-10-20 ועמד על 3.7%. זה מתחת לקונצנזוס של 3.8%. זה ירידה מ-3.9% בפעם הקודמת.

A lower figure than expected gives the Bank of England room to cut or hold rates lower: the pound sterling tends to soften and bond yields to fall.

ב-12 הפרסומים האחרונים הערך נע בין 3.7% ל-4.8%, בממוצע 4.2%. הנתון יורד שלושה פרסומים ברציפות.

Nov 2025: 4.8%Dec 2025: 4.7%Jan 2026: 4.7%Feb 2026: 4.2%Mar 2026: 3.9%Apr 2026: 3.8%May 2026: 4.1%Jun 2026: 4.4%Jul 2026: 4.3%Aug 2026: 4.1%Sep 2026: 3.9%Oct 2026: 3.7% Nov 2025Oct 2026
תוצאות בפועל; הקו הקצר על עמודה מסמן את הקונצנזוס.
פורסםעבורבפועלקונצנזוסקודם
20 Oct 2026AUG3.7%3.8%3.9%
15 Sep 2026JUL3.9%3.9%4.2% ®
18 Aug 2026JUN4.1%4.1%4.4% ®
21 Jul 2026MAY4.3%4.5%4.4%
18 Jun 2026APR4.4%4%4.4% ®
19 May 2026MAR4.1%3.8%3.9% ®
21 Apr 2026FEB3.8%3.6%4.1% ®
19 Mar 2026JAN3.9%3.9%4.2%
17 Feb 2026DEC4.2%4.6%4.6% ®
20 Jan 2026NOV4.7%4.6%4.8% ®
16 Dec 2025OCT4.7%4.4%4.9% ®
11 Nov 2025SEP4.8%4.9%5%

לצפייה ביומן הכלכלי ←

למה זה חשוב

Wages are the largest cost for service businesses, so wage growth well above productivity growth turns into lasting inflation. Central banks watch it to judge whether inflation will return to target; strong wage growth tends to keep the Bank of England hawkish.

איך זה מחושב

Pay data come from employer surveys, tax records or collective agreements; the release usually shows the change from a year earlier. Labour cost indexes include employers' social contributions and benefits.

Wage growth (yoy) = average pay ÷ average pay a year ago − 1
Real wage growth ≈ wage growth − inflation

מה המשמעות של שינויים

  • Wage growth of about 3–3.5% is roughly consistent with 2% inflation when productivity grows about 1%.
  • Compositional effects (low-paid workers losing jobs) can lift the average misleadingly.

גבוה מהצפוי: A higher figure than expected makes the Bank of England more likely to keep rates high or raise them: it tends to support the pound sterling and push bond yields up, and is often a weight on stocks.

נמוך מהצפוי: A lower figure than expected gives the Bank of England room to cut or hold rates lower: the pound sterling tends to soften and bond yields to fall.

היסטוריה קצרה

The link between wages and inflation was described by A. W. Phillips in 1958 (the Phillips curve); it has weakened and strengthened over the decades but remains central to central-bank thinking.

שאלות

What is the United Kingdom Average Earnings incl. Bonus (3Mo/Yr)?

The United Kingdom Average Earnings incl. Bonus (3Mo/Yr) measures how fast pay, or the total cost of employing people, is rising in the United Kingdom.

What was the latest United Kingdom Average Earnings incl. Bonus (3Mo/Yr)?

3.7% for AUG, published on 20 October 2026 (consensus 3.8%, previous 3.9%).

When is the next United Kingdom Average Earnings incl. Bonus (3Mo/Yr)?

On Tuesday 17 November 2026 at 07:00 UTC.

תוכן לימודי בלבד, לא ייעוץ השקעות. הנתונים הם התוצאות שפורסמו כפי שנרשמו ביומן שלנו; תגובות השוק המתוארות אופייניות, לא מובטחות.