PARLIAMENTARY WRITTEN QUESTION
Pay (17 July 2017)
Question Asked
To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 13 July 2017 to Question 3810, on pay, whether real earnings are expected to reduce between July 2017 and 2019.
Asked by:
Kirsty Blackman (Scottish National Party)
Asked by:
Kirsty Blackman (Scottish National Party)
Answer
The Office for Budget Responsibility do not produce their forecast on a monthly basis, but do publish some variables on a quarterly basis in their supplementary economy tables. Using their forecast for consumer price inflation and average earnings, the level of real earnings is expected to rise by 1.6% from 2017 Q2 to 2019 Q4.
The Government is taking action to support incomes. This includes increasing the National Living Wage, raising the personal allowance and freezing fuel duty.
Answered by:
Steve Barclay (Conservative)
20 July 2017
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