Pay and prices
2020 forecasts
RPI1 | Average earnings2 | |
---|---|---|
Median | 1.2% | 0.4% |
ITEM Club | 1.0% | 0.9% |
Oxford Economics | 1.1% | 0.5% |
Capital Economics | 1.7% | -0.3% |
OBR | 1.3% | 0.2% |
1 Fourth quarter
2 Calendar year
Source: HM Treasury, Forecasts for the UK economy, November 2020
https://www.gov.uk/government/statistics/forecasts-for-the-uk-economy-november-2020