Pay and prices
Inflation forecasts
Fourth quarter 2011
| RPI | RPI excluding mortgages | |
|---|---|---|
| Average | 5.3% | 5.3% | 
| Oxford Economic Forecasting | 5.1% | 5.2% | 
| ITEM Club | 5.0% | 5.2% | 
LRD Publications
from the Labour Research Department
Fourth quarter 2011
| RPI | RPI excluding mortgages | |
|---|---|---|
| Average | 5.3% | 5.3% | 
| Oxford Economic Forecasting | 5.1% | 5.2% | 
| ITEM Club | 5.0% | 5.2% |