Workplace Report (May 2014)

Pay and prices

Inflation forecasts

Fourth quarter 2014

RPI RPIX1
Average 2.8% 2.8%
Oxford Economic Forecasting 2.7% 2.6%
ITEM Club 2.7% 2.7%

1 RPI excluding mortgages

Source: HM Treasury, Forecasts for the UK economy, May 2014.

https://www.gov.uk/government/publications/forecasts-for-the-uk-economy-may-2014


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