New Inflation Rates

Head Office Circular No. NP/0237/12

To the Secretary all Branches,

Council of Executive members,

Regional Councils and Regional Offices.

Tuesday 16^th October 2012

Dear Colleagues,

New Inflation Rates

The Office of National Statistics has just published new inflation figures for the twelve months to September 2012. 

The Retail Price Index (RPI) stood at 2.6% for the year to September 2012, down 0.3% from the 2.9% figure to August 2012.

The Consumer Price Index (CPI) stood at 2.2% for the year to September 2012, down 0.3% from the 2.5% figure to August 2012.

According to the ONS, the largest downward inflationary pressures came from housing costs (particularly domestic energy and water bills). Significant upward pressure came from transport costs, specifically diesel and petrol costs.

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

RMT PAY BULLETIN

Circular No. NP/223/12

1^st October 2012 

H.O. Ref: R14/5

TO:  ALL BRANCHES, REGIONAL COUNCILS, REGIONAL OFFICES,

        COUNCIL OF EXECUTIVES & HO OFFICERS.

Dear Members,

RMT PAY BULLETIN

September 2012

The Office of National Statistics has published new inflation figures for the twelve months to August 2012. 

The Retail Price Index (RPI) stood at 2.9% for the year to August 2012, down 0.3% from the 3.2% figure to July 2012.

The Consumer Price Index (CPI) stood at 2.5% for the year to August 2012, down 0.1% from the 2.6% figure to July 2012.

According to the ONS, the largest downward inflationary pressures came from household goods, housing & household services (particularly gas bills), clothing & footwear and food. The only significant upward pressure came from motor fuels, fares & other travel costs.

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.

Recent non-RMT settlements

Company /Sector	Award	Effective From
GKN Aerospace Yeovil (Engineering)	· 3% rise in basic pay	1 Jun 2012
Maersk Offshore (Shipping)	· 4% rise in basic pay	-

Recent RMT Settlements

Company	Award	Effective From
Shipping
Carnival Cruises	4% increase in year one (front loaded pay increase) An additional 5 days annual leave (109 days from 2012 anniversary date) A commitment to look at further improvements in annual leave at next year’s pay anniversary date	1 May 2012
Infrastructure
Signaling Solutions	· 2.75% increase to basic salary	1 Apr 2012
Workshop/Train maintenance
Wabtec	Two year deal · First Year: 3.5% increase or £600, whichever is the greater, from 1st April 2012 to 6th January 2013. · Second Year: 3.3% increase or £570, whichever is the greater, from 6th January 2013 to 6th April 2014.	1 Apr 2012
Bus and Road Transport
DHL Enfield Drivers	Two year deal · Year One: A 2% increase backdated to 1st April 2012. · Year Two: A 2% increase effective from 1st April 2013.	1 Apr 2012

Yours sincerely,

Bob Crow

General Secretary