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.
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.

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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