Wages in Manufacturing in the United Kingdom increased to 624 GBP/Week in October from 622 GBP/Week in September of 2020. source: Office for National Statistics

Wages in Manufacturing in the United Kingdom averaged 500.94 GBP/Week from 2000 until 2020, reaching an all time high of 624 GBP/Week in October of 2020 and a record low of 356 GBP/Week in February of 2000. This page provides - United Kingdom Average Weekly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Average Weekly Wages in Manufacturing - values, historical data and charts - was last updated on January of 2021.

Wages in Manufacturing in the United Kingdom is expected to be 611.31 GBP/Week by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in the United Kingdom to stand at 630.86 in 12 months time. In the long-term, the United Kingdom Average Weekly Wages in Manufacturing is projected to trend around 640.33 GBP/Week in 2022 and 649.93 GBP/Week in 2023, according to our econometric models.

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United Kingdom Average Weekly Wages in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
624.00 622.00 624.00 356.00 2000 - 2020 GBP/Week Monthly
Current Prices, SA

United Kingdom Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.00 4.90 11.90 3.40 percent [+]
Employed Persons 32503.00 32522.00 33073.00 23630.00 Thousand [+]
Unemployed Persons 2644.50 2663.70 3090.00 422.60 Thousand [+]
Part Time Employment 8061.00 8111.00 8704.00 5995.00 Thousand [+]
Full Time Employment 24460.00 24396.00 24656.00 19136.00 Thousand [+]
Employment Rate 75.20 75.20 76.60 65.60 percent [+]
Claimant Count Change 7.00 38.10 858.10 -98.50 Thousand [+]
Labor Force Participation Rate 79.30 79.20 79.80 74.10 percent [+]
Long Term Unemployment Rate 1.00 0.90 4.30 0.80 percent [+]
Youth Unemployment Rate 14.50 14.10 22.30 9.70 percent [+]
Labour Costs 109.60 114.20 114.20 19.60 points [+]
Productivity 104.50 98.90 104.50 42.60 points [+]
Job Vacancies 547.00 529.00 855.00 343.00 Thousand [+]
Wages 560.00 553.00 560.00 300.00 GBP/Week [+]
Wages in Manufacturing 624.00 622.00 624.00 356.00 GBP/Week [+]
Wage Growth 3.60 2.80 6.70 -2.70 percent [+]
Minimum Wages 8.72 8.21 8.72 5.05 GBP/Hour [+]
Population 66.65 66.27 66.65 52.20 Million [+]
Retirement Age Women 66.00 65.50 66.00 60.00 [+]
Retirement Age Men 66.00 65.50 66.00 65.00 [+]
Average Weekly Hours 29.50 28.50 33.50 25.80 Hours [+]
Employment Change -88.00 -144.00 311.00 -334.00 Thousand [+]