News

Inflation

Headline inflation
Retail prices index (RPI): 5.1% (January 2011)
Next release date: 22 March  2011.

Underlying inflation
Retail prices index excluding mortgage interest payments (RPIX): 5.1% (January 2011)
Next release date: 22 March 2011.

Consumer prices
Consumer prices index (CPI): 4.0% (January 2011)
Next release date: 22 March 2011.

Inflation forecasts
Q1 2011: average 4.8%; Q2 2011: average 4.2%
Next release date: 18 March 2011.

Pay Settlements

Xpert HR  headline pay measure
The XpertHR measure of pay awards - the midpoint in the range of basic pay deals - stands at 2% in the three months to 31 January 2011 unchanged on the revised figure for the previous rolling quarter, according to the latest provisional analysis. The inter quartile range stands between 1.9% and 3%
Next release date: 18 March 2011.

Engineering and manufacturing (EEF)
Average settlements for three months ending 31 January 2011 - 2.2%
Next release date: 18 March 2011.

Manufacturing and services (LRD)
Median settlement levels for three months ending 31 January 2011 -  3% (manufacturing); 3.3% (services)
Next release date: 18 March 2011.