Forex Fundamentals
UK Average Earnings

UK Average Earnings 10 September 2024

UK Average Earnings 10 September 2024: 4% for July 2024, below the 4.1% forecast and against 4.6% in June 2024 (first reported as 4.5%). It is the lowest of the last 12 releases. 5 of the last 11 releases came in below the forecast. It was released on Tue 10 Sep 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
4%
July 2024
Forecast
4.1%
The market consensus
Previous
4.6%
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 10 September 2024: 4% for July 2024 against a 4.1% forecast, with the last 12 releases
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UK Average Earnings 10 September 2024: 4% vs 4.1% forecast (Office for National Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/uk-average-earnings/2024-09-10

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
10 Sep 2024Jul4%4.1%4.6%
13 Aug 2024Jun4.5%—5.7%
18 Jul 2024May5.7%5.7%5.9%
11 Jun 2024Apr5.9%5.7%5.9%
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%
The release before:UK Average Earnings 13 August 2024The release after:UK Average Earnings 15 October 2024UK Average Earnings: every recent resultThis week’s economic calendar