New Inflation Rates - July 15, 2014

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Head Office Circular No. NP/128/14

 

To the Secretary all Branches,

Council of Executive members,

Regional Councils and Regional Offices.

 

Tuesday 15th July 2014

 

Dear Colleagues,

 

New Inflation Rates

 

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

 

The Retail Prices Index (RPI) stood at 2.6% for the year to June 2014, up

 from 2.4% in May 2014.

 

The Consumer Prices Index (CPI) stood at 1.9% for the year to June 2014, up from 1.5% in May 2014.

 

Further information will follow in the Pay Bulletin presently.

 

Yours sincerely,

 

 

 

Mick Cash

Acting General Secretary