But the increase is significantly less than would have been the case had the government not changed its plan to increase regulated rail fares by retail price index inflation plus three per cent. (politics.co.uk)
These include an increase in the retirement age for public sector workers to 66 and an indexing switch from retail price index inflation to the lower consumer price index inflation. (politics.co.uk)
The recent NHS pay review body report estimated that by 2019 nurse pay will be 20 % lower in real terms than in 2010 when inflation is measured using Retail Price Index (RPI) and 12 % lower on the Consumer Price Index (CPI). (politics.co.uk)