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Datafile: 20 April 2007

Key statistics on inflation, average earnings and pay settlements.

Key statistics: prices and average earnings
Chart 1: Headline and underlying information
Table 1: Retail prices index
Table 2: Average earnings index, annual headline rate (seasonally adjusted)
Pay settlements: annual and quarterly figures
Table 3: IRS settlement analysis
Table 4: Settlement indicators
Table 5: Treasury survey of forecasts
Inflation forecasts
Earnings forecasts
Chart 2: Inflation and earnings forecasts
Table 6: Forecast of annual rate of change in retail prices and earnings, 2007

KEY STATISTICS

Prices

  • The headline rate of inflation, as measured by the annual change in the all-items retail prices index (RPI), was 4.8% in March 2007, up from February.
  • Underlying inflation – the 12-month change in the all-items RPI excluding mortgage interest payments (RPIX) – was 3.9% in March 2007, up from February.