Labour Research May 2019

News

RPI lowest for over two years

On the back of cheaper seasonal food, the annual rate of inflation on the measure favoured by trade union negotiators — the Retail Prices Index — was at its lowest for over two years at 2.4%.


Inflation under the Consumer Prices Index (CPI) and the Consumer Prices Index Housing (CPIH) were unchanged at 1.9% and 1.8% respectively.

https://www.ons.gov.uk/economy/inflationandpriceindices