Workplace Report May 2019

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Pay and prices

2019 forecasts

RPI1 Average earnings2
Median 2.5% 3.1%
EY ITEM 2.6% 3.2%
Oxford Economics 2.7% 3.2%
NIESR 3.2% 3.7%
OBR 2.9% 3.1%


1 Fourth quarter

2 Calendar year

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

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/801759/PU797_Forecast_for_the_UK_Economy_May_2019_covers.pdf


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