Waterloo Branch Represents all Grades at Waterloo, Vauxhall, Queens Town Road and Clapham Junction for South Western Railway, Select Service Partners/Rail Gourmet/Network Rail/ /ISS /Churchill Cleaners and Interserve. The RMT Represents all Grades.... It is your Union So come along to Branch Meetings and find out the latest News and have your say in running your Union.
Friday, December 21, 2012
New Inflation Rates
Head Office Circular No. NP/319/12
To the Secretary all Branches,
Council of Executive members,
Regional Councils and Regional Offices.
Tuesday 18th December 2012
Dear Colleagues,
New Inflation Rates
The Office of National Statistics has just published new inflation figures for the twelve months to November 2012.
The Retail Price Index (RPI) stood at 3% for the year to November 2012, down 0.2% from the 3.2% figure to October 2012.
The Consumer Price Index (CPI) stood at 2.7% for the year to November 2012, unchanged from the figure to October 2012.
According to the ONS, the largest downward pressures behind the change in the RPI rate came from motoring expenditure, housing and household goods. These were partially offset by an upward pressure from food.
RMT pay submissions will continue to emphasise that your financial commitments have increased at a greater rate than inflation and that your living standards are undermined by this disparity.
Yours sincerely
Bob Crow
General Secretary
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