Workplace Report June 2021

Pay and prices

2021 forecasts

Median 3.2% 4.0%
ITEM Club 3.0% 3.9%
Oxford Economics 3.2% 3.2%
Capital Economics 3.2% 4.6%
OBR 2.4% 1.9%

1 Fourth quarter

2 Calendar year

Source: HM Treasury, Forecasts for the UK economy, May 2021

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/987466/Forecomp_May_2021.pdf