Workplace Report (December 2020)

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


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