In the United Kingdom, Average Earnings incl. Bonus (3Mo/Yr) measures the percentage change in average weekly earnings, including bonuses, over the past three months compared with the same period a year earlier. This indicator provides insight into wage growth and labor market conditions, which can influence consumer spending and overall economic activity.
A higher than expected figure should be seen as positive (bullish) for the GBP while a lower than expected figure should be seen as negative (bearish) for the GBP.