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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
United KingdomAverage Earnings excl. Bonus fell to 3.6 in February 2026
Financial Modeling PrepMonthlyReleased April 2026
Average Earnings excl. Bonus fell to 3.6 in February 2026, down 0.2 from January's 3.8 reading. The reading matched the 3.5 consensus. Average Earnings excl. Bonus has now declined for 5 consecutive months. Over the past 3 months, Average Earnings excl. Bonus averaged 4, vs 4.57 in the prior 3-month window. Average Earnings excl. Bonus is now the lowest in 36 months.
Latest Release
3.6
Actual
3.5
Consensus
3.8
Previous
The April 2026 reading fell from the previous value of 3.8. Historically, this indicator is positively correlated with GBP/JPY (Bullish GBP) and positively correlated with XAU/USD (Bullish XAU).
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Average Earnings excl. Bonus - UK
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Economic Calendar - UK Events
| Monday, May 11, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 23:01 | UK | BRC Retail Sales Monitor YoY | -3.4 | 3.1 | 0.8 | 0.00 | Medium |
| Wednesday, May 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | UK | Unemployment Rate | 4.9 | 5.3 | 5.30 | High | |
| 06:00 | UK | Average Earnings incl. Bonus | 3.8 | 3.8 | 3.80 | Medium | |
| 06:00 | UK | Employment Change | 25 | -20 | -20.00 | Medium | |
| 06:00 | UK | Average Earnings excl. Bonus | 3.6 | 3.7 | 3.70 | Low | |
| 23:01 | UK | RICS House Price Balance | -23 | -25 | -24.00 | Medium | |
| Thursday, May 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | UK | Balance of Trade | -0.72 | -3.4 | -2.57 | Low | |
| 06:00 | UK | GDP Growth Rate QoQ | 0.1 | 0.6 | 0.55 | High | |
| 06:00 | UK | Business Investment YoY | 2 | 2.8 | 2.25 | Low | |
| 06:00 | UK | Gross Domestic Product YoY | 1 | 0.7 | 0.40 | Low | |
| 06:00 | UK | GDP 3-Month Avg | 0.5 | 0.6 | 0.60 | Medium | |
| 06:00 | UK | Manufacturing Production YoY | -0.5 | 0 | -0.35 | Low | |
| 06:00 | UK | GDP Growth Rate YoY | 1 | 0.8 | 0.80 | High | |
| 06:00 | UK | Business Investment QoQ | -2.5 | 1.1 | -0.50 | Medium | |
| 06:00 | UK | Manufacturing Production MoM | -0.1 | -0.2 | -0.30 | Medium | |
| 06:00 | UK | Goods Trade Balance | -18.79 | -20.1 | -20.10 | Medium | |
| 06:00 | UK | Industrial Production MoM | 0.5 | -0.4 | -0.75 | Medium | |
| 06:00 | UK | Construction Output YoY | -1 | -2.4 | -2.15 | Low | |
| 06:00 | UK | Goods Trade Balance Non-EU | -7.1 | -9 | -9.00 | Medium | |
| 06:00 | UK | Gross Domestic Product MoM | 0.5 | -0.2 | -0.20 | High | |
| 06:00 | UK | Industrial Production YoY | -0.4 | 0.1 | -0.45 | Low | |
| 06:00 | UK | Construction Orders YoY | 28.6 | 0.5 | 0.50 | Low | |
| 06:00 | UK | Gross Domestic Product QoQ | 0.1 | 0.6 | 0.55 | High | |
| 06:00 | UK | Construction Output MoM | 1 | -0.5 | -1.00 | Low | |