All the updated news related to retail price index

All the news related to retail price index updated in real time

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Inflation figure used for rail fare rises hits 40-year high

The inflation figure usually used to determine annual increases in some train fares has risen to its highest in nearly 40 years. The Office for National Statistics data showed July’s Retail Prices Index (RPI) inflation was 12.3%, up from 11.8% the ...

17 Aug 2022 at 09:58

Inflation figure used for rail fare rises to be released

An inflation figure usually used to determine annual rises in some train fares will be released on Wednesday. The Office for National Statistics will publish July’s retail prices index (RPI) at 9.30am. Traditionally, the UK, Scottish and Welsh ...

16 Aug 2022 at 16:36

Meat in supermarkets, beer and wine in pubs – what is getting more expensive?

Energy prices drove most of the record rises in inflation seen last month, but costs in supermarkets, restaurants and pubs also added to the pressure felt by households. The Office for National Statistics (ONS) revealed that inflation hit 9% ...

18 May 2022 at 12:25

Why is my train ticket becoming more expensive?

Annual rail fare rises in Britain are always a controversial issue. The PA news agency answers some of the key questions about this year’s increases. – What is happening? Train fares in England and Wales will increase by up to 3.8% from ...

28 Feb 2022 at 16:25

English rail fares could rise by 8% next year

English rail fares will rise by up to 8% in 2024 if the Government uses the same formula as this year, new figures show. Analysis of industry data by the PA news agency shows this would be the highest annual increase since at least ...

12 Sept 2023 at 13:11

Homeowner rate hopes boosted after bigger-than-expected fall in inflation

Homeowners have been offered hope that interest rates may not need to rise as high as feared after official figures showed inflation easing back by more than expected in June. The Office for National Statistics (ONS) said the ...

19 Jul 2023 at 10:59

Next year’s English rail fares rise will be below inflation, says Government

Next year’s rise in English rail fares will be below inflation, the Government has announced. The Department for Transport (DfT) said the increase will not be as high as the rise in the Retail Prices Index (RPI) for the 12 ...

15 Aug 2023 at 14:49

Next year’s English rail fares rise will be below 9%

Next year’s rise in English rail fares will be below 9%. The Government announced on Tuesday that any increase will be below the rise in the Retail Prices Index (RPI) measure of inflation for the 12 months to July. On ...

16 Aug 2023 at 09:05

Next year’s English rail fares rise will be below inflation, says Government

16 Aug 2023 at 00:01

Inflation falls back by more than forecast to 15-month low

Inflation has eased by more than expected to its lowest level for 15 months in a sign that price rises may finally be slowing down. The Office for National Statistics (ONS) said Consumer Prices Index inflation was ...

19 Jul 2023 at 09:50

Fact check: Inflation was 3.4% when the Conservatives took power and is 2% now

Shadow chancellor Jeremy Hunt has said that, when Labour took power this year, inflation was “nearly half” where it had been when the Conservatives took power in 2010. Mr Hunt said: “Inflation is 2% today – ...

31 Jul 2024 at 08:00

Rail fares inflation figure revealed as 3.6%

A July inflation figure on which annual rail fare rises have historically been based was 3.6% this year, the Office for National Statistics announced. That was last month’s Retail Prices Index (RPI), which ...

14 Aug 2024 at 09:25

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