Workplace Report January 2020

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Pay and prices

2020 forecasts

RPI1 Average earnings2
Median 2.2% 3.5%
EY ITEM 2.2% 3.6%
Oxford Economics 2.2% 3.5%
NIESR 2.2% 3.5%
OBR 2.9% 3.1%


1 Fourth quarter

2 Calendar year

Source: HM Treasury, Forecasts for the UK economy, January 2020.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/857902/Forecomp_January_2020.pdf


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