Pay and prices
2017 forecasts
RPI1 | Average earnings2 | |
---|---|---|
Median | 4.0% | 2.2% |
ITEM | 3.9% | 2.3% |
Oxford Economics | 4.1% | 2.3% |
NIESR | 4.3% | 2.2% |
OBR | 4.1% | 2.6% |
1 Fourth quarter
2 Calendar year
Source: HM Treasury, Forecasts for the UK economy, October 2017