Workplace Report September 2019

Pay and prices

2019 forecasts

RPI1 Average earnings2
Median 2.9% 3.2%
EY ITEM 2.9% 3.3%
Oxford Economics 3.1% 3.2%
NIESR 3.9% 3.5%
OBR 2.9% 3.0%


1 Fourth quarter

2 Calendar year

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

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/832071/forecasts_for_the_UK_economy_September_2019.pdf