Workplace Report June 2018

Pay and prices

2018 forecasts

RPI1 Average earnings2
Median 3.1% 2.7%
EY ITEM 3.4% 2.8%
Oxford Economics 3.5% 2.5%
CBI 3.0% 2.6%
OBR 3.4% 2.7%

1 Fourth quarter

2 Calendar year

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

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/717690/PU797_Forecast_for_the_UK_Economy_June_2018.pdf