Workplace Report December 2018

Pay and prices

2018 forecasts

RPI1 Average earnings2
Median 3.2% 2.7%
EY ITEM 3.3% 2.7%
Oxford Economics 3.3% 2.6%
NIESR 3.7% 1.9%
OBR 3.5% 2.6%

1 Fourth quarter

2 Calendar year

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

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/757823/Forecomp_November_2018_PDF.pdf