Workplace Report (December 2005)

Pay and prices

Inflation forecasts

Fourth quarter 2005:

RPI Underlying inflation excluding mortgage payments

Average 2.5% 2.4%

Oxford Economic Forecasting 2.5% 2.5%

NIESR 2.9% 2.3%

Source: HM Treasury, Forecasts for the UK economy, November 2005


This information is copyright to the Labour Research Department (LRD) and may not be reproduced without the permission of the LRD.