Tuesday, 18 August 2009

Train Fares Set To Fall in 2010

Regulated rail fares including season tickets are set to fall by 0.4% next year after the Retail Price Index (RPI) - a key inflation indicator - was measured at -1.4% in July. Increase in regulated commuter fares are pegged to the RPI figure plus 1%.

In 2010 the rules on regulated fares will change, with most rail companies having the limit of RPI plus 1% imposed on them. Previously train operators have been allowed to increase individual regulated fares by as much as 6% over the RPI rate.

Specific details regarding NXEA fares will be announced in due course.

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