Retail Prices Index: Difference between revisions
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imported>Doug Williamson (Change tense to past.) |
imported>Doug Williamson (Simplify final sentence.) |
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''Inflation measures - UK.'' | |||
(RPI). | (RPI). | ||
Historically, RPI was the primary measure of consumer price inflation in the UK, calculated as the change from month to month in the prices of a standard basket of retail goods and services. | Historically, RPI was the primary measure of consumer price inflation in the UK, calculated as the change from month to month in the prices of a standard basket of retail goods and services. | ||
RPI was superseded as the primary measure in the UK by the Consumer Prices Index (CPI) and the (CPIH). | |||
Revision as of 15:31, 24 April 2019
Inflation measures - UK.
(RPI).
Historically, RPI was the primary measure of consumer price inflation in the UK, calculated as the change from month to month in the prices of a standard basket of retail goods and services.
RPI was superseded as the primary measure in the UK by the Consumer Prices Index (CPI) and the (CPIH).