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Pay and prices
2019 forecasts
| RPI1 | Average earnings2 | |
|---|---|---|
| Median | 2.9% | 3.1% |
| EY ITEM | 2.9% | 3.3% |
| Oxford Economics | 2.7% | 3.3% |
| NIESR | 3.7% | 3.0% |
| OBR | 3.0% | 2.5% |
| Source: HM Treasury, Forecasts for the UK economy, January 2019. 1 Fourth quarter 2 Calendar year |
1 Fourth quarter
2 Calendar year
Source: HM Treasury, Forecasts for the UK economy, January 2019