Pay and prices
Inflation forecasts
Fourth quarter 2005:
RPI Underlying inflation excluding mortgage paymentsAverage 2.5% 2.4%
Oxford Economic Forecasting 2.5% 2.5%
NIESR 2.9% 2.3%
Source: HM Treasury, Forecasts for the UK economy, November 2005
Fourth quarter 2005:
RPI Underlying inflation excluding mortgage paymentsAverage 2.5% 2.4%
Oxford Economic Forecasting 2.5% 2.5%
NIESR 2.9% 2.3%
Source: HM Treasury, Forecasts for the UK economy, November 2005
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