New Inflation Rates - June 2014

Head Office Circular No. NP/107/14

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

Tuesday 17th June 2014

Dear Colleagues,

New Inflation Rates

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

The Retail Prices Index (RPI) stood at 2.4% for the year to May 2014, down from 2.5% in April 2014.

The Consumer Prices Index (CPI) stood at 1.5% for the year to May 2014, down from 1.8% figure to April 2014.

Further information will follow in the Pay Bulletin presently.

Yours sincerely,

Mick Cash
Acting General Secretary