Workplace Report (October 2017)

Pay and prices

2017 forecasts

RPI1 Average earnings2
Median 4.0% 2.2%
ITEM 3.9% 2.3%
Oxford Economics 4.1% 2.3%
NIESR 4.3% 2.2%
OBR 4.1% 2.6%

1 Fourth quarter

2 Calendar year

Source: HM Treasury, Forecasts for the UK economy, October 2017

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/652614/Forecasts_for_the_UK_Economy_October_2017.pdf


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