Inflation forecasts
Fourth quarter 2005
RPI forecast Underlying inflation excluding mortgage paymentsAverage 2.6% 2.3%
Oxford Economic Forecasting 2.5% 2.3%
NIESR 3.1% 2.2%
Source: HM Treasury, Forecasts for the UK economy, March 2005
LRD Publications
from the Labour Research Department
Fourth quarter 2005
RPI forecast Underlying inflation excluding mortgage paymentsAverage 2.6% 2.3%
Oxford Economic Forecasting 2.5% 2.3%
NIESR 3.1% 2.2%
Source: HM Treasury, Forecasts for the UK economy, March 2005