Labour Research April 2012


Fuel prices help to lower inflation

Lower gas and electricity prices helped push inflation down. Under the Retail Prices Index (RPI), the annual rate of inflation was down to 3.7% in February from 3.9% the previous month.

Under the measure used by the government — the Consumer Prices Index (CPI) — inflation fell to 3.4% last month from 3.6% in January, according to the Office for National Statistics.