Forex Fundamentals
UK Average Earnings

UK Average Earnings 14 March 2023

UK Average Earnings 14 March 2023: 5.7% for January 2023, in line with the forecast and against 6% in December 2022 (first reported as 5.9%). It is the lowest reading since July 2022. It was released on Tue 14 Mar 2023 at 07:00 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
5.7%
January 2023
Forecast
5.7%
The market consensus
Previous
6%
As the source gives it

What a print like this usually does

In line with the forecast: Sterling usually moves little if the figure matches expectations and regular pay growth is unchanged.

UK Average Earnings 14 March 2023: 5.7% for January 2023 against a 5.7% 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 14 March 2023: 5.7% vs 5.7% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-average-earnings/2023-03-14

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
14 Mar 2023Jan5.7%5.7%6%
14 Feb 2023Dec5.9%6.2%6.5%
17 Jan 2023Nov6.4%6.2%6.2%
13 Dec 2022Oct6.1%6.2%6.0%
15 Nov 2022Sep6%5.9%6.1%
11 Oct 2022Aug6%5.9%5.5%
13 Sep 2022Jul5.5%5.4%5.2%
16 Aug 2022Jun5.1%4.5%6.4%
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%
The release before:UK Average Earnings 14 February 2023The release after:UK Average Earnings 18 April 2023UK Average Earnings: every recent resultThis week’s economic calendar