Workplace Report (May 2013)

Pay and prices

Inflation forecasts

Fourth quarter 2013

RPI RPIX1
Average 3.2% 3.2%
Oxford Economic Forecasting 3.0% 3.1%
ITEM Club 3.0% 3.0%

1 RPI excluding mortgages

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


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