Workplace Report February 2019

Pay and prices

2019 forecasts

RPI1 Average earnings2
Median 2.8% 3.1%
EY ITEM 2.8% 3.5%
Oxford Economics 2.6% 3.1%
NIESR 3.7% 3.2%
OBR 3.0% 2.5%

Source: HM Treasury, Forecasts for the UK economy, February 2019.


1 Fourth quarter

2 Calendar year

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/780025/PU797_Forecast_for_the_UK_Economy_feb_2019.pdf