Pay and prices
Inflation forecasts
Fourth quarter 2006:
RPI RPI excluding mortgagesAverage 3.6% 3.2%
Oxford Economic Forecasting 3.6% 3.1%
NIESR 2.8% 2.5%
Source: HM Treasury, Forecasts for the UK Economy, October 2006
Fourth quarter 2006:
RPI RPI excluding mortgagesAverage 3.6% 3.2%
Oxford Economic Forecasting 3.6% 3.1%
NIESR 2.8% 2.5%
Source: HM Treasury, Forecasts for the UK Economy, October 2006
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