Workplace Report (July 2014)

Pay and prices

Inflation forecasts

Fourth quarter 2014

RPI RPIX1
Average 2.6% 2.6%
Oxford Economic Forecasting 2.4% 2.4%
ITEM Club 2.7% 2.7%

1 RPI excluding mortgages

Source: HM Treasury, Forecasts for the UK economy, July 2014.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/330864/201407forecomp_final.pdf


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