Wages fell by 3.9% in real terms in Wales in August, exclusive research by the Reach Data Unit has found.
The average person paid via PAYE earned £1,967 in August, according to data from the Office for National Statistics. That’s down from £1,980 in July but up from £1,875 in August 2021.
However, wages have failed to keep up with the rate of inflation. The Consumer Prices Index (CPI) rose by 9.9% in the 12 months to August, the ONS announced today.