Wage growth

Real wage growth in the years before and after election years

1997 election (1992 - 2001)

2024 election (2019 - 2028)

4%

Election year

2

OBR forecast

0

-2

2022

Russia invades

Ukraine

-4

-4

years

before

-2

0

2

4

years

after

1997 election (1992 - 2001)

2024 election (2019 - 2028)

4%

Election year

2

OBR forecast

0

-2

2022

Russia invades Ukraine

-4

-4

years before

-2

0

2

4

years after