Average Earnings Growth
An economic indicator of future inflation, as higher incomes lead to higher prices unless accompanied by higher productivity.
The Bank of England has always said that an annual increase of more than 4.5% would undermine the government's inflation target.
Literal Meanings of Average Earnings Growth
Average:
Meanings of Average:
Any measure of central tendency, especially any mean, median, or mode.
(Sea transport) Economic loss due to damage to the goods being transported Compensation for damage or loss.
Customs duties or similar taxes levied on the goods being transported.
Proportional or equitable sharing of the financial burden.
A player's skill score calculated from their target stats, etc.
(plural) In the wheat trade, the average price of various grains in the major wheat markets.
To calculate the mean value, especially the arithmetic mean.
Obtain or generate an average over a of time or over members of a population.
Divide the number according to a certain ratio.
To be, in general or medium.
Component or relative to the mean.
Neither the very good nor the very bad are somewhere in the middle of all the others in the same category.
Typical.
Neither exceptional nor good, mostly bad or mediocre.
A service that a tenant must perform for his landlord using the tenant's animals, such as transporting wheat, grass, etc.
Sentences of Average
The mean of 10, 20 and 24 is (10 + 20 + 24)/3 = 18.
Medium level.
If you have an average of 10, 20, and 24, you get 18.
This year I achieved an average of 75% for my exams.
Medium loss.
The mean age of the participants was 18.5 years.
I soon found out that he was just an average chess player.
The average family will not need the more expensive features of this product.
Earnings:
Meanings of Earnings:
Salary, money earned, income.
Business advantage.
Return on investment income.
Growth:
Meanings of Growth:
An increase in size, number, value, or strength.
The act of growing, arriving, or getting up.
Something is growing or has grown.
An abnormal mass that looks like a tumor.
Sentences of Growth
Growth slowed in 2001 due to the global economic slowdown, but accelerated in subsequent years due to strong growth in China.