Workplace Report January 2018

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Pay and prices

2018 forecasts

RPI1 Average earnings2
Median 3.1% 2.6%
ITEM 3.0% 2.7%
Oxford Economics 2.7% 2.4%
CBI 3.1% 2.7%
OBR 2.9% 2.3%


1 Fourth quarter

2 Calendar year

Source: HM Treasury, Forecasts for the UK economy, January 2018.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/674229/PU797_Forecast_for_the_UK_Economy_Jan_2018.pdf


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