New Inflation rates

Head Office Circular No. NP/113/15

 

To the Secretary all Branches,

Council of Executive members,

Regional Councils and Regional Offices

 

Tuesday 16 June 2015

 

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 1% for the year to May 2015, up from 0.9% for the year to April 2015.

 

 

 

The Consumer Prices Index (CPI) stood at 0.1% for the year to May 2015, up from -0.1% for the year to April 2015.

 

Further information will follow in the Pay Bulletin presently.

 

Yours sincerely,

 

 

 

Mick Cash

General Secretary