Workplace Report May 2018

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Pay and prices

2018 forecasts

RPI1 Average earnings2
Median 3.1% 2.7%
EY ITEM 3.1% 2.8%
Oxford Economics 3.2% 2.8%
CBI 3.9% 2.7%
OBR 3.4% 2.7%


1 Fourth quarter

2 Calendar year

Source: HM Treasury, Forecasts for the UK economy, May 2018

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/707804/PU797_Forecast_for_the_UK_Economy_May_2018_covers.pdf


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