Workplace Report (December 2016)

Pay and prices

Inflation forecasts

Fourth quarter 2016

RPI RPIX1
Median 2.3% 2.5%
ITEM 2.8% 3.0%
Oxford Economics 2.6% 2.7%
NIESR 3.0% 3.0%
OBR 1.9% 2.3%

Source: HM Treasury, Forecasts for the UK economy, November 2016.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/569316/PU797_Forecast_for_the_UK_Economy_Nov_2016_355.pdf


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