Workplace Report (February 2013)

Pay and prices

Inflation forecasts

Fourth quarter 2013

RPI RPIX1
Average 2.9% 2.9%
Oxford Economic Forecasting 2.6% 2.5%
ITEM Club 2.7% 2.6%

1 RPI excluding mortgages

Source: HM Treasury, Forecasts for the UK Economy, February 2013.


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