Pay and prices
2018 forecasts
RPI1 | Average earnings2 | |
---|---|---|
Median | 3.1% | 2.6% |
ITEM | 3.0% | 2.7% |
Oxford Economics | 2.7% | 2.4% |
CBI | 3.1% | 2.7% |
OBR | 2.9% | 2.3% |
1 Fourth quarter
2 Calendar year
Source: HM Treasury, Forecasts for the UK economy, January 2018.