New Inflation rates - year to April 2023

Head Office Circular No. NP/091/23


To all Branches and Regional Councils


24th May 2023


Dear Colleagues


New Inflation rates for year to April 2023


The Office for National Statistics (ONS) has published[1] inflation rates for the year to April 2023The Retail Prices Index (RPI) was 11.4%, a 2.1% fall on the previous month’s figure. Wages and food prices continue to be subject to extreme inflationary pressure.


The alternative measures of CPI and CPIH also fell, to 8.7% (down 1.4% from the previous month) and 7.8% (down 1.1%) respectively.


Your union’s policy is to use the RPI rate in all pay negotiations. Should an employer attempt to use alternative inflation measures during pay talks, please inform the National Policy department as soon as possible.


I would be grateful if you could bring the content of this circular to the attention of all members in your Branch.


Yours sincerely

20200518 Mick Lynch sig

Michael Lynch

General Secretary