Workplace Report January 2013

Pay and prices

Inflation forecasts

Fourth quarter 2013

RPI RPIX1
Average 2.7% 2.7%
Oxford Economic Forecasting 2.6% 2.5%
ITEM Club 2.7% 2.7%

1 RPI excluding mortgages

Source: HM Treasury, Forecasts for the UK Economy, January 2013.