WHAT THE FALL MEANS
PENSIONS – pegged to September RPI
But not affected, due to a prior government pledge that the basic state pension will increase by at least 2.5 per cent per year.
RAIL FARES – pegged to July RPI
Fares should fall from January after July RPI fell to -1.4 per cent.
BENEFITS – pegged in part to RPI
But in reality, the September fall is likely to lead to a freeze in benefits rather than a cut in cash terms.
PUBLIC SECTOR PAY – not pegged to inflation
Tends to be related to previous set pay deals instead.