The UK’s inflation rate in May 2025, as measured by the Consumer Price Index (CPI), was...
Pay data: three months to April 2025
Various research bodies have published pay data for the three months to the end of April 2025.
- Incomes Data Research focuses on the private sector where the median pay award was 3.4% in the three months to April (interquartile range: 2.6% - 4.0%).
- Brightmine recorded a median basic pay award of 3.0% for the three months to the end of April. It said, however, that there are signs of pay settlements softening, with almost half of all awards now falling below 3%.
- According to the CIPD Spring 2025 Labour Market Outlook, amongst employers looking to increase, decrease or freeze pay in the next 12 months, the median expected basic pay increase for the next 12 months remains at 3% overall (lower quartile: 2%; upper quartile: 5%), for the fourth consecutive quarter.