Labour Research January 2011

News

Inflation rate is pushed up

Higher food prices and dear clothing and footwear pushed inflation higher. Under the Retail Prices Index (RPI), the rate of inflation was up to 4.7% in November, against 4.5% the previous month. The RPI figure is often used in pay negotiations.

Under the government's preferred measure - the Consumer Prices Index (CPI) - inflation also rose and was up to 3.3% from 3.2% the previous month.