Workplace Report January 2017

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Pay and prices

2017 forecasts

RPI1 Average earnings2
Median 3.4% 2.5%
ITEM 3.5% 2.9%
Oxford Economics 3.1% 2.8%
NIESR 5.2% 2.6%
OBR 3.4% 2.4%


1 Fourth quarter

2 Calendar year

Source: HM Treasury, Forecasts for the UK economy, January 2017.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/584067/PU797_Forecast_for_the_UK_Economy_Jan_2017.pdf


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