Workplace Report (June 2020)

Pay and prices

2020 forecasts

RPI1 Average earnings2
Median 1.6%% 2.4%%
EY ITEM 1.8%% 1%%
Oxford Economics 0.7%% -1.3%%
Capital Economics 0.6%% -0.2%%
OBR 1.8%% -7.3%%

1 Fourth quarter

2 Calendar year

Source: HM Treasury, Forecasts for the UK economy, June 2020.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/892791/Forecomp_June_2020.pdf


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