Workplace Report (September 2011)

Pay and prices

Inflation forecasts

Fourth quarter 2011

RPI RPI excluding mortgages
Average 5.3% 5.2%
Oxford Economic Forecasting 5.3% 5.4%
ITEM Club 5.0% 5.0%
Source: HM Treasury, Forecasts for the UK Economy, August 2011.


This information is copyright to the Labour Research Department (LRD) and may not be reproduced without the permission of the LRD.