Workplace Report March 2016

Pay and prices

Inflation forecasts

Fourth quarter 2016

RPI RPI excl mortgages
Median 2.1% 2.0%
NIESR 1.9% 1.2%
Oxford Economics 2.1% 2.0%
ITEM 2.0% 2.1%
OBR 2.3% 2.4%

Source: HM Treasury, Forecasts for the UK economy, March 2016

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/508098/201603_Forecomp_March_2016.pdf