Pay and prices
Inflation forecasts
Fourth quarter 2005
RPI Underlying inflation excluding mortgage paymentsAverage 2.6% 2.4%
Oxford Economic Forecasting 2.7% 2.6%
NIESR 2.7% 2.1%
Source: HM Treasury, Forecasts for the UK economy, October 2005
Fourth quarter 2005
RPI Underlying inflation excluding mortgage paymentsAverage 2.6% 2.4%
Oxford Economic Forecasting 2.7% 2.6%
NIESR 2.7% 2.1%
Source: HM Treasury, Forecasts for the UK economy, October 2005
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