How fast is pay rising before prices?

How fast cash pay is rising

3.5%

May to July 2026

Same as April to June 2026

Where this sits in the last 10 years
10-year low −0.2%10-year high 7.9%
Published
Next update
in 9 days

Recent figures may be revised.

Pay growth before inflation

Selected pointMay to July 2026 · 3.5%, down 1.3 percentage points on a year earlier

  1. Covid lockdown
  1. Covid lockdown

Usual range (middle 80% of the last 10 years)

Pay aheadPrices ahead

Each year averages March, June, September and December, so overlapping months count once. 2026 so far covers January to June.

Each month is that month's figure, not a total so far. 2026 so far covers January to July.

Source: Office for National Statistics

What this means for people

Cash pay can rise while pay after inflation rises by less, or falls.

Regular pay for employees in Great Britain leaves bonuses out. The comparison is the latest three months against the same three months a year earlier.

To see whether pay is beating prices, see pay after inflation.

Latest figures

See the figures as a table
The latest 12 readings, newest first.
PeriodValue
May to July 20263.5%
April to June 20263.5%
March to May 20263.4%
February to April 20263.4%
January to March 20263.4%
December 2025 to February 20263.6%
November 2025 to January 20263.8%
October to December 20254.1%
September to November 20254.4%
August to October 20254.6%
July to September 20254.7%
June to August 20254.7%
Each year averages March, June, September and December, so overlapping months count once.
YearPeriod coveredValue
2026 so farJanuary to June3.5%
2025March, June, September and December4.8%
2024March, June, September and December5.6%
2023March, June, September and December7.2%
2022March, June, September and December5.5%
2021March, June, September and December5.3%
2020March, June, September and December2.1%
2019March, June, September and December3.5%
2018March, June, September and December3.1%
2017March, June, September and December2.2%
2016March, June, September and December2.4%
Each month
Each month is that month's figure, not a total so far.
Period2023202420252026 so far
January6.7%6.1%5.8%3.8%
February6.7%6.0%5.9%3.6%
March6.9%5.9%5.6%3.4%
April7.3%5.9%5.3%3.4%
May7.5%5.8%5.0%3.4%
June7.8%5.5%4.9%3.5%
July7.8%5.3%4.8%3.5%
August7.9%5.2%4.7%
September7.8%5.1%4.7%
October7.2%5.4%4.6%
November6.6%5.6%4.4%
December6.2%5.9%4.1%

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How to read this

Before inflation

This is pay in pounds, before prices. Price rises include the cost of owning a home. Pay after those rises is its own figure.

An average, not your pay

This is average pay per employee, not a typical pay rise. The mix of jobs can move it even when pay rates do not.

Employees in Great Britain only

It covers employees in Great Britain. Self-employed people, the armed forces, government-supported trainees and Northern Ireland are not included. Live in Northern Ireland? SeeNorthern Ireland earnings

Compared with a year earlier

Each figure compares the latest three months with the same three months a year before. Bonuses are left out.

Source

Publisher
Office for National Statistics
Official title
Average weekly earnings, regular pay, before inflation, three-month average growth on a year earlier
Series
KAI9
Prices
Consumer price inflation time series (MM23)

L55O

Published

CSVJSON

Geography
Great Britain
Status
Accredited official statistics
Cite this

Office for National Statistics (2026) Average weekly earnings, regular pay, before inflation, three-month average growth on a year earlier, May to July 2026 (series KAI9).