Commenting on the latest inflation figures published
today (Tuesday) by the Office for National Statistics - which show that CPI
inflation did not fall as expected in November and remained at 2.7 per cent,
while RPI inflation fell from 3.2 to 3 per cent - TUC General Secretary Brendan
Barber said:
"The stubbornness of inflation, combined with poor wage growth, is putting real pressure on people's finances in the run up to Christmas.
"With the Office for Budget Responsibility not expecting real wage growth until 2014 and further cuts to in-work benefits due this April, 2013 looks like being another tough a year for working families.
"Today's figures are also another reminder of how painful the forthcoming benefits uprating cap will be for low-income families."
"The stubbornness of inflation, combined with poor wage growth, is putting real pressure on people's finances in the run up to Christmas.
"With the Office for Budget Responsibility not expecting real wage growth until 2014 and further cuts to in-work benefits due this April, 2013 looks like being another tough a year for working families.
"Today's figures are also another reminder of how painful the forthcoming benefits uprating cap will be for low-income families."
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