Workplace Report May 2016

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Pay and prices

Inflation forecasts

Fourth quarter 2016

RPI RPIX1
Median 2.1% 2.2%
NIESR 1.6% 1.3%
Oxford Economics 2.1% 2.1%
ITEM 1.9% 1.8%
OBR 1.9% 2.3%

1 RPI excl. mortgages

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

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/523954/PU797_forecasts_for_uk_economy_349_may_2016.pdf


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