New Inflation Rates - December 2014

Head Office Circular No. NP/005/15


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

Tuesday 13th January 2015


Dear Colleagues,

New Inflation Rates

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

The Retail Prices Index (RPI) stood at 1.6% for the year to December 2014, down from 2.0% for the year to November 2014.

The Consumer Prices Index (CPI) stood at .5% for the year to December 2014, down from 1.0% for the year to November 2014.

Further information will follow in the Pay Bulletin presently.

Yours sincerely,

 

Mick Cash
General Secretary