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Pay and prices
2018 forecasts
| RPI1 | Average earnings2 | |
|---|---|---|
| Median | 3.1% | 2.7% |
| EY ITEM | 3.1% | 2.8% |
| Oxford Economics | 3.2% | 2.8% |
| CBI | 3.9% | 2.7% |
| OBR | 3.4% | 2.7% |
1 Fourth quarter
2 Calendar year
Source: HM Treasury, Forecasts for the UK economy, May 2018
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