Workplace Report (November 2020)

Pay and prices

2020 forecasts

RPI1 Average earnings2
Median 1.1% 0.3%
ITEM Club 0.9% 0.9%
Oxford Economics 1.1% 0.5%
Capital Economics 1.1% -0.3%
OBR 1.3% 0.2%

1 Fourth quarter

2 Calendar year

Source: HM Treasury, Forecasts for the UK economy, October 2020

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/928008/Forecomp_October_2020.pdf


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