Forex Fundamentals
UK Average Earnings

UK Average Earnings 16 May 2023

UK Average Earnings 16 May 2023: 5.8% for March 2023, in line with the forecast and against 5.8% in February 2023 (first reported as 5.9%). It was released on Tue 16 May 2023 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
5.8%
March 2023
Forecast
5.8%
The market consensus
Previous
5.8%
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 16 May 2023: 5.8% for March 2023 against a 5.8% forecast, with the last 12 releases
Sharing this? Please link to this page as the source.Download the chart

Cite this release

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

UK Average Earnings 16 May 2023: 5.8% vs 5.8% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-average-earnings/2023-05-16

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
16 May 2023Mar5.8%5.8%5.8%
18 Apr 2023Feb5.9%5.1%5.9%
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%
The release before:UK Average Earnings 18 April 2023The release after:UK Average Earnings 13 June 2023UK Average Earnings: every recent resultThis week’s economic calendar