Monday, March 20, 2017

ONS releases - Index of UK labour costs per hour, experimental: Oct to Dec 2016, Consumer price inflation, updating weights: 2017, Producer Price Index Standard Errors: 2016

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20 March 2017


Economy

Consumer price inflation, updating weights: 2017

An overview of the latest annual update of CPIH weights, used in the inflation basket to calculate the UK consumer price inflation indices.

Producer Price Index Standard Errors: 2016

This article presents the calculated standard errors of the month-on-month and annual growth rates for PPI during the period January 2016 to December 2016.


Employment and labour market

Index of UK labour costs per hour, experimental: Oct to Dec 2016

The whole economy Index of Labour Costs per Hour (ILCH), seasonally adjusted, increased by 2.3% in Quarter 4 (Oct to Dec) of 2016, compared with the same quarter of 2015 and increased by 0.7% compared with the previous quarter, Quarter 3 (July to Sept) 2016.

Wage costs per hour worked increased by 2.5% in the fourth quarter of 2016 on the same quarter in the previous year and non-wage costs per hour worked increased by 1.9%.


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