Wages are expected to stagnate over the next couple of years

Annual growth in earnings and inflation, outturn and projections

Nominal earnings growth

CPI inflation

Real earnings growth

7.5%

5

2.5

0

-2.5

-5

2000

2005

2010

2015

2020

Nominal earnings growth

CPI inflation

Real earnings growth

7.5%

5

2.5

0

-2.5

-5

2000

2005

2010

2015

2020

Guardian graphic. Source: Resolution Foundation. Projections using OBR/ BoE forecasts. Growth is year-on-year change in quarterly average. Earnings growth covers regular pay. Earnings outturn data covers Great Britain while earnings forecast data and all inflation data covers UK