Average weekly earning growth in the UK compared with inflation 2001-2023
In the three months to January 2023, average weekly earnings total pay in the United Kingdom grew by 5.7 percent, while regular pay grew by 6.5 percent, when compared with the same period in 2022. In the same month, the inflation rate for the Consumer Price Index was 10.1 percent, indicating that while wages are rising, price increases are currently outpacing this growth when it comes to regular and total pay.
