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Unit Wage Costs
- Average Earning Growth
- Balance of Payments
- Bank of England Minutes
- CBI Distributive Trades
- CBI Industrial Order Expectations
- CBI Industrial Trends
- Current Account
- Gross Domestic Product
- Industrial Output
- M4 Money Supply
- Major Banks Mortgage Approvals
- Manufacturing Output
- Net Consumer Credit
- Non-EU Trade Balance
- Purchasing Managers Index
- Producer Input Prices
- Producer Output Prices
- Public Sector Net Cash Requirement
- Repo Rate
- Retail Price Index
- Retail Sales
- Rightmove HPI
- Unemployment Rate
- Unit Wage Costs
Unit Wage Costs
The index characterizes costs associated with the manufacturing of a production unit. This indicator reflects worker productivity and the prevailing wage rate for companies in the UK.
If the growth rate of labor costs exceed the rate of productivity growth, it causes inflationary pressures in the economy. It is released monthly. It has a limited impact on the market.
- Release Frequency: monthly.
- Release Schedule: 09:30 GMT.
- Source: U.K. Office of National Statistics.