Pay and prices
2024 Forecasts
RPI | Average Earnings | |
---|---|---|
Median | 3.3% | 4.2% |
ITEM Club | 1.4% | 2.8% |
Oxford Economics | 3.4% | 3.6% |
Capital Economics | 1.1% | 4.3% |
OBR | 2.1% | 3.4% |
Source: HM Treasury, Forecasts for the UK economy, May 2024. Fourth quarter