Labour Research November 2016


Inflation rises

Dearer fuel and clothing has pushed the two main inflation measures to their highest rates since October 2014.

Inflation under the Retail Prices Index (RPI), the measure favoured by union negotiators, was up to 2.0% in September from 1.8% the previous month. 

Under the Consumer Prices Index, the government’s preferred measure, the annual rate of inflation was also up — to 1.0% from 0.6%.