New Inflation Rates - October 2014

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Head Office Circular No. NP/244/14


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

Tuesday 18th November 2014


Dear Colleagues,

New Inflation Rates

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

The Retail Prices Index (RPI) stood at 2.3% for the year to October 2014, the same as it was for the year to September 2014.

The Consumer Prices Index (CPI) stood at 1.3% for the year to October 2014, up from 1.2% for the year to September 2014.

Further information will follow in the Pay Bulletin presently.

Yours sincerely,

 

Mick Cash
General Secretary