Inflation Figure Heralds a Bonus for Rail Passengers

The JournalJuly 15, 2009

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Summary


NEXT month's inflation figures will almost certainly herald welcome fare cuts for hundreds of thousands of rail passengers in January.

Regulated fares - such as season tickets and longer distance, off- peak fares - are fixed to a formula of Retail Price Index inflation plus 1%, based on the index's reading in July.

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Extract


Inflation Figure Heralds a Bonus for Rail Passengers

At the beginning of this year, prices went up by 6% according to...

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