Forex Fundamentals
UK Average Earnings

UK Average Earnings 14 May 2024

UK Average Earnings 14 May 2024: 5.7% for March 2024, above the 5.3% forecast and against 5.7% in February 2024 (first reported as 5.6%). It is the highest reading since December 2023. It is the second release in a row above the forecast. It was released on Tue 14 May 2024 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
5.7%
March 2024
Forecast
5.3%
The market consensus
Previous
5.7%
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 May 2024: 5.7% for March 2024 against a 5.3% 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 May 2024: 5.7% vs 5.3% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-average-earnings/2024-05-14

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
14 May 2024Mar5.7%5.3%5.7%
16 Apr 2024Feb5.6%5.5%5.6%
12 Mar 2024Jan5.6%5.7%5.8%
13 Feb 2024Dec5.8%5.6%6.7%
16 Jan 2024Nov6.5%6.8%7.2%
12 Dec 2023Oct7.2%7.7%8%
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%
The release before:UK Average Earnings 16 April 2024The release after:UK Average Earnings 11 June 2024UK Average Earnings: every recent resultThis week’s economic calendar