Workplace Report (July 2018)

Pay and prices

2018 forecasts

RPI1 Average earnings2
Median 3.1% 2.7%
EY ITEM 3.4% 2.9%
Oxford Economics 3.4% 2.4%
CBI 3.0% 2.6%
OBR 3.4% 2.7%

1 Fourth quarter

2 Calendar year

Source: HM Treasury, Forecasts for the UK economy, July 2018.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/726262/Forecomp_July_2018.pdf


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