Pay and prices
Inflation forecasts
Fourth quarter 2010
| RPI | RPI excluding mortgages | |
|---|---|---|
| Average | 3.1% | 2.6% |
| Oxford Economic Forecasting | 2.4% | 2.4% |
| ITEM Club | 4.8% | 2.1% |
Source: HM Treasury, Forecasts for the UK Economy, February 2010.
Fourth quarter 2010
| RPI | RPI excluding mortgages | |
|---|---|---|
| Average | 3.1% | 2.6% |
| Oxford Economic Forecasting | 2.4% | 2.4% |
| ITEM Club | 4.8% | 2.1% |
Source: HM Treasury, Forecasts for the UK Economy, February 2010.
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