UK Average Earnings

UK Average Earnings 17 May 2022

UK Average Earnings 17 May 2022: 7% for March 2022, above the 5.4% forecast and against 5.6% in February 2022 (first reported as 5.4%). It is the highest reading since August 2021. 10 of the last 12 releases came in above the forecast. It was released on Tue 17 May 2022 at 06:00 UTC.

These figures were verified on 4 Oct 2026 from the source: Office for National Statistics. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
7%
March 2022
Forecast
5.4%
The market consensus
Previous
5.6%
As the source gives it

What a print like this usually does

Above the forecast: A clear beat can support sterling if it points to stronger wage pressure and a slower BoE easing path.

UK Average Earnings 17 May 2022: 7% for March 2022 against a 5.4% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

UK Average Earnings 17 May 2022: 7% vs 5.4% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-average-earnings/2022-05-17

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
17 May 2022Mar7%5.4%5.6%
12 Apr 2022Feb5.4%5.4%4.8%
15 Mar 2022Jan4.8%4.6%4.6%
15 Feb 2022Dec4.3%3.8%4.2%
18 Jan 2022Nov4.2%4.2%4.9%
14 Dec 2021Oct4.9%4.6%5.9%
16 Nov 2021Sep5.8%5.6%7.2%
12 Oct 2021Aug7.2%7%8.3%
14 Sep 2021Jul8.3%8.2%8.8%
17 Aug 2021Jun8.8%8.6%7.4%
15 Jul 2021May7.3%7.1%5.6%
15 Jun 2021Apr5.6%4.9%4.3%