Labour Research November 2013

News

RPI inflation stays above CPI rate

Inflation under the measure favoured by union negotiators — the Retail Prices Index (RPI) — remains well above the rate of the government’s preferred measure — the Consumer Prices Index (CPI).

The RPI rate for September was 3.2% against 3.3% in August. Cheaper air fares and motoring costs contributed to the dip.

Meanwhile, the CPI rate was unchanged at 2.7%.

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