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Pay and prices
Inflation forecasts
Fourth quarter 2009
| RPI | RPI excluding mortgages | |
|---|---|---|
| Average | -0.3% | 1.9% |
| Oxford Economic Forecasting | -0.2% | 2.0% |
| ITEM Club | -1.3% | 1.0% |
Source: HM Treasury, Forecasts for the UK Economy, October 2009.
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