Figure 9: Growth in nominal earnings (total pay), consumer price inflation and real earnings, three-month average year-on-year growth, seasonally adjusted
Great Britain, December 2006 to February 2007 to December 2016 to February 2017
Source: Monthly Wages and Salaries Survey
CPIH is inverted to display its subtraction from real wage growth.
CPIH is a 3 month average of the current month and two preceding months.
Estimates of growth in total real pay (including bonuses) differ slightly from published estimates in "Analysis of real earnings: Apr 2017" due to the different method of implementing the seasonal adjustment.