Workplace Report October 2016

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Pay and prices

Inflation forecasts

Fourth quarter 2016

RPI RPIX1
Median 2.2% 2.5%
CBI 2.4% 2.3%
Oxford Economics 2.5% 2.8%
NIESR 1.9% 1.7%
OBR 1.9% 2.3%

1 RPI excl mortgages

Source: HM Treasury, Forecasts for the UK economy, October 2016.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/561139/PU797_Forecast_for_the_UK_Economy_Oct_2016_covers.pdf


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