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Living standards indicator

Real regular pay annual growth

Regular pay grew slightly faster than CPIH-adjusted prices on average, but the result does not describe every worker or household.

Verified primary source
Current figure0.5%
Previous figure0.3%
Change+0.2 points
Reporting period2026 JUN

Long-term trend

The displayed series runs from 2024 JUL (2.4%) to 2026 JUN (0.5%). This is descriptive and does not attribute causation.

Accessible data table
Real regular pay annual growth recent observations
PeriodValue
2024 JUL2.4%
2024 AUG2.2%
2024 SEP2.1%
2024 OCT2.4%
2024 NOV2.4%
2024 DEC2.4%
2025 JAN2.1%
2025 FEB2.1%
2025 MAR1.8%
2025 APR1.5%
2025 MAY1.1%
2025 JUN0.9%
2025 JUL0.7%
2025 AUG0.6%
2025 SEP0.5%
2025 OCT0.6%
2025 NOV0.6%
2025 DEC0.5%
2026 JAN0.4%
2026 FEB0.2%
2026 MAR0.1%
2026 APR0.1%
2026 MAY0.3%
2026 JUN0.5%

Insight

FactWhat the data show. Real regular pay annual growth was 0.5% in 2026 JUN.

CalculationWhat has changed. The change from 2026 MAY is +0.2 percentage points.

ComparisonHow it compares. Comparison awaiting period-aligned review. The year-earlier value was 0.9%.

InterpretationWhy it may matter. Real pay growth is a direct indicator of whether earnings are gaining or losing purchasing power.

LimitationImportant limitations. An average measure; excludes the self-employed and may be revised. The measure covers Great Britain employees, excludes bonuses and the self-employed, and is adjusted using CPIH.

Policy optionsPossible evidence-based responses. No option is published until supporting and questioning evidence, distributional effects, cost, risks, confidence and success measures complete editorial review. Options are not instructions or endorsements.

MeasurementHow progress could be measured. Continue the same monthly series, record revisions and compare like-for-like reporting periods.