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Pay and prices
Inflation forecasts
Fourth quarter 2014
| RPI | RPIX1 | |
|---|---|---|
| Average | 2.5% | 2.6% |
| NIESR | 2.6% | 2.4% |
| Oxford Economics | 2.6% | 2.6% |
| ITEM Club | 2.5% | 2.4% |
1 RPI excluding mortgages
Source: HM Treasury, Forecasts for the UK economy, October 2014.
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/363808/Forecomp_201410.pdf