Labour Research November 2021


RPI inflation rises

Inflation is either up or down slightly, depending on the measure used. The unions’ preferred Retail Prices Index measure rose to a high of 4.9%, while the Consumer Prices Index dropped a point (CPI 3.1%, CPIH 2.9%).

Last year’s Eat Out to Help Out scheme dropped out of the reckoning, but furniture and household goods rose, food prices fell more slowly than last year and factory prices and road freight costs went up.