By Marcus Leach
Figures released using the consumer prices index (CPI) have shown that inflation dropped a surprising 0.4% in March to reach 4.0%, driven in part by a 1.4% drop in the price of food and non alcoholic beverages.
Commenting on the latest 4% inflation figure, UNISON General Secretary, Dave Prentis, said there was scant consolation with various other factors still a bigger issue.
“The small fall in inflation is scant comfort for the millions of public sector workers hit with a pay freeze - some for the second year in a row. They are still having to pay more with less and this is hitting families hard," said Prentis.
“With inflation running at double the Government’s own target of 2%, it is obvious they need to pause here and change tack. The huge cuts to public sector spending and the hundreds of thousands of public service workers losing their jobs, is leading to massive economic uncertainty. This is not the way to get the country back on its feet.”