Responding to news that inflation as measured by the Retail Prices Index (RPI) in July 2014 was 2.5 per cent, David Sidebottom, Passenger Focus director, said:
“Many passengers will be concerned about today’s news giving the latest inflation figures which determine regulated train fares from January next year.
"If this follows some previous years of RPI +1 per cent1, this could mean, on average, that fares will increase by 3.5 per cent next January.
"We know from our own research that value for money is a key priority for rail passengers.
"Our most recent National Rail Passenger Survey put passenger satisfaction on value for money amongst commuters as low as 31 per cent.
"This level of fare increase puts more pressure on the railways to ensure passengers get an excellent service for the money they are paying.”
“We hope the government will step in again as it did last year, to ensure that train fares in England do not rise above the rate of inflation announced tod
What could the impact of rail fare rises be on your wallet? Compare selected season tickets before and after the forecasted rise.
Rail fares have been rising faster than the rate of inflation for more than a decade. So how do you make your money go the furthest by rail?