Wages in Manufacturing in the United Kingdom decreased to 614 GBP/Week in March from 620 GBP/Week in February of 2020.

Wages in Manufacturing in the United Kingdom averaged 497.86 GBP/Week from 2000 until 2020, reaching an all time high of 622 GBP/Week in November of 2019 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 May of 2020. source: Office for National Statistics

Wages in Manufacturing in the United Kingdom is expected to be 607.62 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 617.07 in 12 months time. In the long-term, the United Kingdom Average Weekly Wages in Manufacturing is projected to trend around 617.32 GBP/Week in 2021 and 629.67 GBP/Week in 2022, according to our econometric models.

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United Kingdom Average Weekly Wages in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
614.00 620.00 622.00 356.00 2000 - 2020 GBP/Week Monthly
Current Prices, SA

United Kingdom Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 4.00 12.00 3.40 percent [+]
Employed Persons 33144.00 33073.00 33144.00 23630.00 Thousand [+]
Unemployed Persons 2096.60 1240.10 3090.00 422.60 Thousand [+]
Part Time Employment 8692.00 8618.00 8704.00 5995.00 Thousand [+]
Full Time Employment 24453.00 24455.00 24463.00 19136.00 Thousand [+]
Employment Rate 76.60 76.60 76.60 65.60 percent [+]
Claimant Count Change 856.50 12.10 856.50 -98.50 Thousand [+]
Labor Force Participation Rate 79.80 79.80 79.80 74.10 percent [+]
Long Term Unemployment Rate 0.80 0.90 4.30 0.80 percent [+]
Youth Unemployment Rate 11.40 11.30 22.30 9.70 percent [+]
Labour Costs 109.70 109.00 109.70 20.90 points [+]
Productivity 100.70 101.80 101.80 42.40 points [+]
Job Vacancies 637.00 794.00 855.00 432.00 Thousand [+]
Wages 540.00 544.00 546.00 300.00 GBP/Week [+]
Wages in Manufacturing 614.00 620.00 622.00 356.00 GBP/Week [+]
Wage Growth 2.40 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 65.50 65.00 65.50 60.00 [+]
Retirement Age Men 65.50 65.00 65.50 65.00 [+]
Living Wage Family 1300.00 1230.00 1300.00 1180.00 GBP/Month [+]
Living Wage Individual 895.00 850.00 900.00 785.00 GBP/Month [+]
Wages Low Skilled 1320.00 1180.00 1320.00 1180.00 GBP/Month [+]
Wages High Skilled 2330.00 2110.00 2460.00 2110.00 GBP/Month [+]
Average Weekly Hours 31.40 31.80 33.50 31.30 Hours [+]
Employment Change 211.00 172.00 311.00 -279.00 Thousand [+]