New Inflation Rates

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Head Office Circular No. NP/047/14

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

Tuesday 18th February 2014

Dear Colleagues,

New Inflation Rates

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

The Retail Prices Index (RPI) stood at 2.8% for the year to January 2014, up from the 2.7% figure to December 2013.

The Consumer Prices Index (CPI) stood at 1.9% for the year to January 2014, down from the 2% figure to December 2013.

Further information will follow in the Pay Bulletin presently.

Yours sincerely

Bob Crow
General Secretary