Workplace Report February 2022

Pay and prices

2022 forecasts

Median 6.6% 5.6%
ITEM Club 6.0% 5.2%
Oxford Economics 6.7% 5.2%
Capital Economics 6.6% 5.6%
OBR 5.2% 5.0%

1 Fourth quarter

2 Calendar year

Source: HM Treasury, Forecasts for the UK economy, January 2022.

https://www.gov.uk/government/statistics/forecasts-for-the-uk-economy-january-2022