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News
RPI inflation slows down
Retail price inflation has slowed down.
In June, the annual rate of inflation under the Retail Prices Index (RPI) was down to 3.5% from 3.7% the previous month. It was the first drop in 10 months in the inflation measure favoured by union negotiators.
Inflation under the Consumer Prices Index Housing (CPIH) — now the government’s preferred measure — was down to 2.6% in June from 2.7% in May.
https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/june2017