Labour Research May 2015

News

Inflation down

In March, the annual rate of inflation — as measured by the Retail Prices Index (RPI) — continued its slowdown and was down to 0.9% from 1.0% the previous month, according to the Office for National Statistics.

Under the government’s preferred measure, the Consumer Prices Index (CPI), the annual rate of inflation remained at 0.0% in March, its lowest level since official records were first published in January 1997.

www.ons.gov.uk/ons/rel/cpi/consumer-price-indices/march-2015/stb---consumer-price-indices---march-2015.html#tab-Retail-Prices-Index--RPI--and-RPIJ-