Pay and prices
2022 forecasts
RPI1 | Average earnings2 | |
---|---|---|
Median | 7.2% | 4.7% |
ITEM Club | 4.6% | 2.9% |
Oxford Economics | 7.5% | 4.8% |
Capital Economics | 9.6% | 5.1% |
OBR | 9.8% | 5.3% |
1 Fourth quarter
2 Calendar year
HM Treasury, Forecasts for the UK economy, March 2022.
OBR, Economic and fiscal outlook - March 2022