Forex Fundamentals
UK Average Earnings

UK Average Earnings 19 July 2022

UK Average Earnings 19 July 2022: 6.2% for May 2022, below the 6.7% forecast and down from 6.8% in April 2022. It is the lowest reading since February 2022. It is the second release in a row below the forecast. It was released on Tue 19 Jul 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
6.2%
May 2022
Forecast
6.7%
The market consensus
Previous
6.8%
As the source gives it

What a print like this usually does

Below the forecast: A miss can weigh on sterling if it suggests pay growth is cooling, especially when the ex-bonus measure also slows.

UK Average Earnings 19 July 2022: 6.2% for May 2022 against a 6.7% 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 19 July 2022: 6.2% vs 6.7% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-average-earnings/2022-07-19

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
19 Jul 2022May6.2%6.7%6.8%
14 Jun 2022Apr6.8%7.6%7%
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%
The release before:UK Average Earnings 14 June 2022The release after:UK Average Earnings 16 August 2022UK Average Earnings: every recent resultThis week’s economic calendar