New Inflation Rates

Head Office Circular No. NP/124/15

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

Tuesday 14 July 2015

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 1% for the year to June 2015, unchanged from 1% for the year to May 2015.
inflationjuly15
 
The Consumer Prices Index (CPI) stood at 0% for the year to June 2015, down from 0.1% for the year to May 2015.

Further information will follow in the Pay Bulletin presently.

Yours sincerely,

 

Mick Cash
General Secretary