Workplace Report (June 2014)

Pay and prices

Inflation forecasts

Fourth quarter 2014

RPI RPIX1
Average 2.8% 2.8%
Oxford Economic Forecasting 2.5% 2.5%
ITEM Club 2.7% 2.7%

1 RPI excluding mortgages

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

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/321052/201406forecomp.pdf


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