Labour Research May 2012


Inflation rate down again

Inflation fell for the sixth consecutive month, according to the Office for National Statistics. Under the Retail Prices Index (RPI), inflation was down to 3.6% in March from 3.7% in February.

However, under the Consumer Prices Index (CPI) — the measure used by the government — inflation rose to 3.5% in March from 3.4% the previous month.