Labour Research September 2010

News

Inflation slows again

Inflation dipped slightly on the back of cheaper clothing and footwear and furniture. Under the Retail Prices Index (RPI), the rate of inflation was 4.8% in July, against 5.0% the previous month.

Under the goverment’s preferred measure — the Consumer Prices Index (CPI) — inflation was down to 3.1% against 3.2% in June.