Pay and prices
Inflation forecasts
Fourth quarter 2014
| RPI | RPIX1 | |
|---|---|---|
| Average | 2.8% | 2.8% |
| Oxford Economic Forecasting | 2.5% | 2.5% |
| ITEM Club | 2.7% | 2.7% |
1 RPI excluding mortgages
Source: HM Treasury, Forecasts for the UK economy, June 2014.
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/321052/201406forecomp.pdf