New Inflation Rates - August 2014

Head Office Circular No. NP/152/14

To the Secretary all Branches,
Council of Executive members,
Regional Councils and Regional Offices.

Tuesday 19th August 2014

Dear Colleagues,

New Inflation Rates

The Office for National Statistics has published inflation figures for the twelve months to July.

The Retail Prices Index (RPI) stood at 2.5% for the year to July 2014, down from 2.6% in June 2014.

The Consumer Prices Index (CPI) stood at 1.6% for the year to July 2014, down from 1.9% in June 2014.

Further information will follow in the Pay Bulletin presently.

Yours sincerely,

Mick Cash

Acting General Secretary