Workplace Report April 2019

Pay and prices

2019 forecasts

RPI1 Average earnings2
Median 2.9% 3.1%
EY ITEM 2.6% 3.2%
Oxford Economics 2.6% 3.3%
NIESR 3.7% 3.2%
OBR 2.9% 3.1%


1 Fourth quarter

2 Calendar year

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

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/795941/PU797_Forecast_for_the_UK_Economy_April_2019_covers.pdf