Workplace Report December 2017

Pay and prices

2017 forecasts

RPI1 Average earnings2
Median 4.0% 2.2%
ITEM 3.9% 2.3%
Oxford Economics 4.0% 2.0%
CBI 3.6% 2.4%
OBR 3.6% 2.3%

1 Fourth quarter

2 Calendar year

Source: HM Treasury, Forecasts for the UK economy, November 2017, OBR figures Economic and Fiscal Outlook.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/662826/Forecomp_November_2017.pdf

http://cdn.budgetresponsibility.org.uk/Nov2017EFOwebversion-2.pdf