Workplace Report (March 2014)

Pay and prices

Inflation forecasts

Fourth quarter 2014

RPI RPIX1
Average 2.8% 2.9%
Oxford Economic Forecasting 2.7% 2.6%
ITEM Club 2.9% 2.8%

1 RPI excluding mortgages

Source: HM Treasury, Forecasts for the UK Economy, March 2014.


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