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The retail price index or RPI for September 2008 is 5.0 and the CPI is 5.2
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.
by taking a basket of stuff and measuring the inflation
Cathy Conners has written: 'Retail price index'
i am told it is -1.4 I therefore cannot receive a rise in my personal pension
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.
The Retail Price Index (RPI) is determined by the Office for National Statistics (ONS) in the United Kingdom. The ONS collects data on the prices of a basket of goods and services commonly purchased by households to calculate the RPI. This index reflects changes in the cost of living and is used for various economic analyses, including inflation measurement and adjustments in wages and benefits.
Average retail price today is $30.00. The original issue price was $2.10.
Price Index
$ 962.3 million (based on consumer price index)
I'm unable to provide real-time data, including today's Retail Price Index (RPI). You can find the most current RPI figures on financial news websites, government statistical agencies, or economic databases. If you need information from a specific date or period, please let me know!
85%