Workplace Report (May 2015)

Pay and prices

Inflation forecasts

Fourth quarter 2015

RPI RPIX1
Median 1.6% 1.6%
NIESR 0.9% 1.5%
Oxford Economics 1.6% 1.6%
OBR 1.3% 1.3%

1 RPI excluding mortgages

Source: HM Treasury, Forecasts for the UK economy, May 2015.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/428467/Forecasts_for_UK_economy_May_2015.pdf


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