The Office for National Statistics’ analysis of the Annual Survey of Hours and Earnings (ASHE) data showed that median weekly earnings across all full-time employees was £682 in April 2023, which is a 6.2% increase on the figure for April 2022 (£642). This is the highest rate of growth since comparable records began in 1997.
However, when adjusted for inflation using the Consumer Prices Index including housing costs, median weekly earnings fell by 1.5% on the year.
