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by taking a basket of stuff and measuring the inflation

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Q: How is the retail price index calculated?
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What is the Retail Price Index in sept 2008?

The retail price index or RPI for September 2008 is 5.0 and the CPI is 5.2


What is the retail price index today?

dffgftge


Who calculates consumer price index?

The Consumer price index is calculated based on a random sampling done by the US labor department


What is the current retail price index rate?

Many countries measure the rate of inflation using the retail price index (RPI). This is an index which aims at measuring the change in the average price of the basket of goods and services that represents the consumption patterns of a typical household. Hence it is a mean to measure inflation.


What has the author Cathy Conners written?

Cathy Conners has written: 'Retail price index'


Consumer price index?

Consumer price index is a way to measure the averages of prices of consumer goods and services. It is calculated by taking price changes of items or goods and averaging them. Consumer price index is used to assess price changes associated with the cost of living.


What is adjusted selling price method in valuation of inventories?

adjusted selling price method , retail price of the inventory is calculated and marjinal profit is deducted from it generally used in retail business also known as Retail inventory method


What is the retail price index at the moment?

i am told it is -1.4 I therefore cannot receive a rise in my personal pension


How do you calculated Consumer Price Index?

CPI= (Productrep X Pricecurrent)/(Productrep X Price11987*)


What is the history of index number of additional mathematics?

The index number in economic terms refers to an economic data figure reflecting price or quantity compared with a standard or base value. The best known index number is the consumer price index, which measures changes in retail prices paid by consumers.


Who calculates the consumer price index?

The United States Bureau of Labor Statistics calculates the consumer price index. The CPI is calculated monthly based on goods and services purchased by the average urban household.


What does shrinkage means in retail?

Shrinkage is the difference between the stock on the inventory book and the actual physical stock. Shrinkage is also deifned as the difference between the value ( retail price ) of the stock on the inventory book and the value of the ( retail price ) actual physical stock. Shrinkage % is calculated as the difference between the value ( retail price ) of the stock on the inventory book and the value of the ( retail price ) actual physical stock by the retail sales of this volume