Branch Secretary : suz.muna.unite@gmail.com
  

Latest RPI figure shows inflation at 2.5%

Cost of Living - Going Up

 

The retail price index is the inflation measure that Unite believes best reflects real costs.

The latest RPI figure shows inflation at 2.5%

On 13 February the UK Government’s Office for National Statistics (ONS) released the latest retail price index (RPI) figure. It shows that prices are up 2.5% from a year ago.

 

Fares and other travel costs are up 3.9%

 

Rail fares have risen 4.3% and other travel costs are up 4.1%.

 

Clothing and footwear are up 4.5%

 

Women’s clothes have risen 7.1% while new gear for the kids is 4.1% more expensive than last year and men’s outerwear is up 3.8%.

 

Leisure services are up 5.1%

 

Foreign holidays are up 6.4%, while the price of holidays in the UK has risen 5% over the past year.

 

Household services are up 3.3%

 

Telephones, telemessages, etc. cost 4.4% more than last year.

 

Catering is up 3%

 

Take-away meals and snacks have gone up 3.5% over the last year! Canteen meals were up 2.8%. The price of a meal in a restaurant was up 2.6%.

 

The housing association sector remains highly profitable generating massive surpluses but some, such as L&Q, are using any excuse to squeeze their staff, see here.  These inflation figures show why we cant accept a squeeze from the employers.

 

27 March 2019

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