That Average Weekly Average Earnings figure looked wrong, so had a check:
Average weekly earnings at sector level headline estimates, Great Britain, monthly, seasonally adjusted. Monthly Wages and Salaries Survey.
www.ons.gov.uk
Before inflation but seasonally adjusted, AWEs have gone from £585 in September 2021 to £733 in September 2025 (whole economy, weekly earnings, KAB9). Private sector has gone from £586->£736, Public Sector from £585 to £724.
That's a 25% increase, not -2.8%.
Now Real Average Weekly Earnings, which adjusts for all of those inflation items (because some things have actually gone down in price) is a very different story
Average weekly earnings for the whole economy, for total and regular pay, in real terms (adjusted for consumer price inflation), UK, monthly, seasonally adjusted.
www.ons.gov.uk
Sept 21 - £521, seasonally adjusted index is 107.9 (2015 is the base year = 100)
Sept 25 - £526, index is 108.9.
It's a 0.9% rise, albeit that's CPI. I suspect with CIPH or RPI, the figures are probably negative but not wildly so.
But you really can't compare the price rises of goods vs an earnings figure that takes account of those price rises, it's not an honest comparison.
This is that data on a graph though:
Real earnings are only now back to where they were before the financial crisis.
The trend over the past couple of years has been pretty decent following a pretty disastrous decade.
