Pay and prices
Inflation forecasts
Fourth quarter 2011
| RPI | RPI excluding mortgages | |
|---|---|---|
| Average | 3.5% | 3.4% |
| Oxford Economic Forecasting | 3.2% | 2.8% |
| ITEM Club | 2.4% | 2.9% |
Fourth quarter 2011
| RPI | RPI excluding mortgages | |
|---|---|---|
| Average | 3.5% | 3.4% |
| Oxford Economic Forecasting | 3.2% | 2.8% |
| ITEM Club | 2.4% | 2.9% |
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