Workplace Report June 2019

Pay and prices

2019 forecasts

RPI1 Average earnings2
Median 2.5% 3.1%
EY ITEM 2.5% 3.1%
Oxford Economics 2.4% 2.9%
NIESR 3.2% 3.7%
OBR n.a 3.1%


1 Fourth quarter

2 Calendar year

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

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/809911/Forecomp_June_2019.pdf