Pay and prices
Inflation forecasts
Fourth quarter 2005
RPI forecast Underlying inflation excl. mortgage paymentsAverage 2.6% 2.2%
Oxford Economic Forecasting 2.4% 2.1%
NIESR 2.9% 2.1%
Source: HM Treasury, Forecasts for the UK economy, May 2005
Fourth quarter 2005
RPI forecast Underlying inflation excl. mortgage paymentsAverage 2.6% 2.2%
Oxford Economic Forecasting 2.4% 2.1%
NIESR 2.9% 2.1%
Source: HM Treasury, Forecasts for the UK economy, May 2005
This information is copyright to the Labour Research Department (LRD) and may not be reproduced without the permission of the LRD.