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Pay and prices
Inflation forecasts
Fourth quarter 2013
| RPI | RPIX1 | |
|---|---|---|
| Average | 3.2% | 3.2% |
| Oxford Economic Forecasting | 3.0% | 3.1% |
| ITEM Club | 3.0% | 3.0% |
1 RPI excluding mortgages
Source: HM Treasury, Forecasts for the UK Economy, May 2013.
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