Quarterly PAYstats Pay and Labour Market Statistics, July 2026

Latest pay and labour market statistics July 2026:

• The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 2.8% in the 12 months to June 2026, down from 3.0% the previous month.
• The Consumer Prices Index (CPI) rose by 2.6% in the 12 months to June 2026, down from 2.8% the previous month.
• The UK employment rate (based on the LFS) for people aged 16 to 64 years was estimated at 75.1% in March to May 2026.
• The UK unemployment rate for people aged 16 years and over was estimated at 4.9% in March to May 2026.
• The estimated number of vacancies in the UK decreased in the latest quarter. Early estimates for April to June 2026 suggest a decrease of 7,000 (0.9%) to 712,000, compared with January to March 2026.
• Annual growth in employees' average regular earnings excluding bonuses in Great Britain was 3.3% in the 12 months to May 2026, and annual growth in total earnings including bonuses was 3.5%.