UK wage growth by sector 2023

As of the third quarter of 2023, wages in the UK finance and business services sector grew by approximately 9.1 percent, compared with 7.3 percent in the manufacturing sector, and 4.5 percent in the construction industry.

Average growth of weekly earnings in the United Kingdom from 1st quarter 2001 to 3rd quarter 2023, by industry sector

Characteristic	Services	Finance and business services	Manufacturing	Construction	Wholesaling, retailing, hotels & restaurants
Q3 2023	8.2%	9.1%	7.3%	4.5%	6%
Q2 2023	8.6%	8.7%	8.2%	5.4%	4.5%
Q1 2023	6.3%	7.4%	6.6%	4%	3.6%
Q4 2022	6.2%	4.7%	5.8%	5.7%	6%
Q3 2022	6.2%	6.2%	5%	5.3%	6.9%
Q2 2022	5.4%	6.5%	4%	6.1%	7.6%
Q1 2022	7.2%	10.3%	4.4%	7.3%	8.7%
Q4 2021	5%	9%	2.6%	2.5%	4.5%
Q3 2021	6.2%	9.5%	3.9%	7.2%	6%
Q2 2021	8.8%	12.4%	7%	14.3%	11.2%
Q1 2021	4.8%	6%	2%	1.1%	2.5%
Q4 2020	5.2%	6.9%	1.6%	2.1%	4.2%
Q3 2020	2.1%	2.7%	-0.4%	-3.8%	-0.4%
Q2 2020	-0.3%	-1%	-3.5%	-10.3%	-5.4%
Q1 2020	2.5%	1.8%	1.8%	2.2%	2.1%
Q4 2019	2.7%	3.5%	2.6%	3.1%	1%
Q3 2019	3.8%	4.6%	2.6%	6.1%	3.1%
Q2 2019	4.1%	5.4%	2.6%	6%	2.3%
Q1 2019	3.4%	3.3%	1.7%	4%	1.7%
Q4 2018	3.6%	3.8%	1.6%	4.4%	2.9%
Q3 2018	3.2%	2.4%	2.1%	3.6%	3.5%
Q2 2018	2.1%	1%	2.6%	5.2%	3.1%
Q1 2018	2.7%	2.8%	2.8%	4.6%	2.3%
Q4 2017	2.6%	2.9%	3.1%	1.4%	2.1%
Q3 2017	2.3%	3%	1.9%	2.4%	1.4%
Q2 2017	2.5%	2.6%	1.2%	0.1%	2.2%
Q1 2017	2.3%	1.6%	1.8%	1.8%	2.9%
Q4 2016	2.3%	0.9%	1.6%	6.4%	3.7%
Q3 2016	2.2%	2.1%	2.4%	4.3%	3.2%
Q2 2016	2.5%	3.5%	2.8%	5%	2.6%
Q1 2016	2%	3.2%	2.3%	4.5%	1.1%
Q4 2015	1.9%	2.2%	1.9%	2.3%	3.1%
Q3 2015	3.1%	3.6%	2%	2.3%	4.2%
Q2 2015	2.5%	2.9%	1.4%	3.6%	3.7%
Q1 2015	2.7%	2.3%	0.8%	1.4%	4.5%
Q4 2014	2.1%	3.1%	1.5%	2.5%	1.3%
Q3 2014	0.7%	0.7%	1.8%	1.7%	-0.5%
Q2 2014	-0.2%	-2.8%	1.5%	-2.1%	1%
Q1 2014	1.4%	-0.1%	3.1%	2.4%	3.5%
Q4 2013	0.9%	-0.3%	2.5%	0.2%	2.9%
Q3 2013	0.6%	-1.1%	1.8%	0.6%	3.7%
Q2 2013	2.2%	2.9%	2.5%	0.4%	3.1%
Q1 2013	0.5%	-0.7%	2.2%	-2.8%	0.7%
Q4 2012	1.3%	-0.3%	1.8%	-0.7%	2.5%
Q3 2012	1.9%	1.7%	2%	0.1%	3%
Q2 2012	1.4%	0.7%	2.5%	2.8%	2.2%
Q1 2012	0.5%	-1.7%	0.8%	0.5%	2.6%
Q4 2011	2.1%	3.3%	1.4%	2.9%	2.1%
Q3 2011	2.4%	4.6%	1.5%	2.7%	1.2%
Q2 2011	3.1%	6.5%	1.5%	1.3%	2%
Q1 2011	3%	7.1%	1.3%	0.4%	-0.9%
Q4 2010	2.1%	2.7%	3%	-1.8%	1.3%
Q3 2010	2%	1.7%	4.5%	-1%	2.1%
Q2 2010	1.1%	0.5%	3.5%	0%	1.9%
Q1 2010	4.1%	14%	5%	2.7%	3.6%
Q4 2009	0.1%	0.1%	2.2%	1.2%	2%
Q3 2009	0.2%	-0.5%	0.8%	0.3%	1.3%
Q2 2009	0.7%	0.2%	0.6%	0.1%	0.1%
Q1 2009	-1.6%	-10.9%	1.2%	1.7%	1.6%
Q4 2008	3.2%	4.2%	2.6%	-0.5%	1.2%
Q3 2008	3.3%	4.3%	3%	-0.6%	1.6%
Q2 2008	4.3%	5.5%	4%	4.3%	3.3%
Q1 2008	4.1%	5%	2.5%	4.2%	4%
Q4 2007	4%	2.7%	3.7%	7.6%	5%
Q3 2007	5.2%	5.1%	4.2%	8.3%	6.5%
Q2 2007	4.6%	3%	3.6%	4.6%	6.7%
Q1 2007	6.2%	9.2%	4.3%	5.7%	5.8%
Q4 2006	5.1%	7.3%	3.8%	5.6%	3.9%
Q3 2006	3.9%	5%	3.3%	7.2%	3.4%
Q2 2006	5%	7.5%	4.2%	7.2%	3.3%
Q1 2006	5.1%	7.5%	4.4%	5%	3.2%
Q4 2005	4.6%	5%	3%	6.1%	4%
Q3 2005	5.4%	7.2%	3.5%	3.3%	3.5%
Q2 2005	4.9%	4.7%	3.8%	1.1%	3.3%
Q1 2005	5.2%	7.3%	4.2%	1.1%	4.5%
Q4 2004	5.5%	8.3%	5.2%	0.4%	3.9%
Q3 2004	5.1%	5.5%	4.9%	2.6%	4.3%
Q2 2004	4.4%	5.6%	5%	4.2%	3.9%
Q1 2004	4.2%	2.9%	4.4%	4%	1.8%
Q4 2003	4.1%	2.8%	4%	5.6%	2.2%
Q3 2003	3.3%	2.3%	3.7%	3.9%	1.3%
Q2 2003	3%	3.3%	3.4%	3.3%	1.5%
Q1 2003	2.6%	1.6%	3.4%	4.7%	3.8%
Q4 2002	2.8%	1.5%	3.4%	0.8%	4%
Q3 2002	3.6%	3.2%	3.9%	1.3%	3.8%
Q2 2002	3.7%	1.5%	3.9%	3.4%	4.5%
Q1 2002	3.2%	0%	3.3%	5.1%	3%
Q4 2001	4.3%	2.8%	3.8%	6.1%	2.8%
Q3 2001	4.8%	5%	4.1%	9.1%	4.4%
Q2 2001	6.2%	7.3%	3%	8.8%	4.2%
Q1 2001	6.9%	13.1%	3.9%	7%	4.6%