3% dominates 2006 pay awards
Latest pay statistics | Commentary | IRS pay databank | State of play in key negotiations
Pay review update | Inflation and earnings | Bargaining statistics
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Pay awards stayed put at 3% during the last rolling quarter of 2006, but a sneak preview of January deals suggests that pay settlements may shift upwards as the New Year's pay awards start to roll in.
Headline data: Pay awards stay at 3% Median pay award holds at 3% for the three months to December 2006, despite upward pressure from inflation.
Forward look: preview of January 2007 awards A provisional analysis of early January awards reveals a higher median of 3.6%.
Inflation: upward course continues Headline inflation rose to 4.4% in December 2006, while a surprise interest rate rise was announced by the Bank of England.
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