Workplace Report (January 2016)

Pay and prices

Inflation forecasts

Fourth quarter 2016

RPI RPI excl mortgages
Median 2.4% 2.2%
NIESR 2.5% 2.1%
Oxford Economics 2.4% 2.3%
ITEM 2.0% 2.1%
OBR 2.3% 2.4%

Source: HM Treasury, Forecasts for the UK economy, January 2016.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/493267/PU797_Forecasts_for_UK_economy_345_January_2016.pdf


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