Forex Fundamentals
UK Average Earnings

UK Average Earnings 14 November 2023

UK Average Earnings 14 November 2023: 7.9% for September 2023, above the 7.4% forecast and against 8.2% in August 2023 (first reported as 8.1%). It is the lowest reading since May 2023. 7 of the last 12 releases came in above the forecast. It was released on Tue 14 Nov 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
7.9%
September 2023
Forecast
7.4%
The market consensus
Previous
8.2%
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 14 November 2023: 7.9% for September 2023 against a 7.4% 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 14 November 2023: 7.9% vs 7.4% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-average-earnings/2023-11-14

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
14 Nov 2023Sep7.9%7.4%8.2%
17 Oct 2023Aug8.1%8.3%8.5%
12 Sep 2023Jul8.5%8.2%8.4%
15 Aug 2023Jun8.2%7.3%7.2%
11 Jul 2023May6.9%6.8%6.7%
13 Jun 2023Apr6.5%6.1%6.1%
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%
The release before:UK Average Earnings 17 October 2023The release after:UK Average Earnings 12 December 2023UK Average Earnings: every recent resultThis week’s economic calendar