Pay and prices
Inflation forecasts
Fourth quarter 2006
RPI RPI excluding mortgagesAverage 2.7% 2.5%
Oxford Economic Forecasting 3.0% 2.7%
NIESR 2.8% 2.6%
Source: HM Treasury, Forecasts for the UK Economy, July 2006
Fourth quarter 2006
RPI RPI excluding mortgagesAverage 2.7% 2.5%
Oxford Economic Forecasting 3.0% 2.7%
NIESR 2.8% 2.6%
Source: HM Treasury, Forecasts for the UK Economy, July 2006
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