Pay and prices
Inflation forecasts

Fourth quarter 2015

| RPI | RPIX1 | |
|---|---|---|
| Median | 1.2% | 1.3% |
| NIESR | 1.0% | 1.2% |
| Oxford Economics | 1.1% | 1.1% |
| OBR | 1.1% | 1.2% |
1 RPI excl. mortgages
Source: HM Treasury, Forecasts for the UK economy, September 2015.
Fourth quarter 2015

| RPI | RPIX1 | |
|---|---|---|
| Median | 1.2% | 1.3% |
| NIESR | 1.0% | 1.2% |
| Oxford Economics | 1.1% | 1.1% |
| OBR | 1.1% | 1.2% |
1 RPI excl. mortgages
Source: HM Treasury, Forecasts for the UK economy, September 2015.
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