Retail Prices Index: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Add link.)
imported>Doug Williamson
(Expand definition. Source - Wikipedia - https://en.wikipedia.org/wiki/Retail_Price_Index)
Line 5: Line 5:
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RPI was superseded as the primary measure in the UK by the Consumer Prices Index (CPI) and the (CPIH).
RPI was superseded as the primary inflation measure in the UK by the Consumer Prices Index (CPI) and the (CPIH).
 
 
However, it continues to be calculated and published by the UK's Office for National Statistics.




Line 12: Line 15:
* [[CPIH]]
* [[CPIH]]
* [[Limited Price Indexation]]
* [[Limited Price Indexation]]
* [[Office for National Statistics]]
* [[Retail mobility index]]
* [[Retail mobility index]]
* [[RPI]]
* [[RPI]]
* [[RPIX]]


[[Category:The_business_context]]
[[Category:The_business_context]]

Revision as of 00:14, 12 August 2021

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RPI was superseded as the primary inflation measure in the UK by the Consumer Prices Index (CPI) and the (CPIH).


However, it continues to be calculated and published by the UK's Office for National Statistics.


See also