Workplace Report March 2019

Pay and prices

2019 forecasts

RPI1 Average earnings2
Median 2.7% 3.1%
EY ITEM 2.7% 3.5%
Oxford Economics 2.6% 2.8%
NIESR 3.7% 3.2%
OBR 2.9% 3.1%


1 Fourth quarter

2 Calendar year

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

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/787297/PU797_Forecast_for_the_UK_Economy_March_2019_covers.pdf