Retail Prices Index: Difference between revisions
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imported>Doug Williamson (NEW ENTRY - Created to correct title from Retail Price Index to Retail Prices Index as per ONS website See Consumer Prices Index) |
imported>Doug Williamson m (Typo add "(".) |
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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. | ||
Revision as of 13:54, 18 April 2014
(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.
Different goods and services are included in the RPI compared with the UK Consumer Prices Index (CPI) and the method of calculation of the two indices is different.
