Earnings rise slower than inflation

moneyReal incomes have fallen once again, ONS figures show

Average earnings in the UK have risen by less than the rate of inflation for the fifth year running, according to the Office for National Statistics (ONS).

In the year ending April 2013, the ONS said pre-tax pay reached £27,000 a year, an increase of 2.1% over 2012.

However, inflation over the same period, as measured by the Consumer Prices Index (CPI), was 2.4%.

The average weekly income for full-time employees was £517, a rise of 2.2%.

In a reversal of the previous trend, the gap between men’s and women’s earnings increased to 10%. In 2012, the gap was 9.5%.

It is the first time in five years that men’s earnings have risen faster than women’s.

Farmers and undertakers

However those working part-time did relatively better than those working full-time. Part-time pay rose by 3.1% over the year, outpacing inflation.

Women continued to be paid better than men in part-time jobs.

On average part-time women earn £164 a week, compared to £149 for men.

Of specific professions, farmers did best, with their pay increasing by 22%. The nation’s undertakers also did well, with earnings rising by 20%.

The group that did worst was workers in the glass and ceramics industries. They saw pay fall by 13% between April 2012 and April 2013, the ONS figures showed.

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