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Personnel TodayInflation

Inflation

by Personnel Today 29 Jan 2004
by Personnel Today 29 Jan 2004

The
Office of National Statistics said slower growth in clothing and footwear
prices, and reduced costs for recreation and culture, helped to reduce CPI
inflation – the Governments target measure – to 1.3 per cent in November, down
from 1.4 per cent in the previous month. 
Clothing and footwear prices were the main reason why RPI inflation fell
to 2.5 per cent in November, from 2.6 per cent in October.  www.statistics.gov.uk

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