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In the United Kingdom, the Retail Prices Index or Retail Price Index [1] (RPI) ... The September 2011 figure of 5.6%, the highest for 20 years, ...
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
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Meanwhile, the prices paid index surged to a reading of 62.4, up from 54.9 the month prior, marking its highest level since July 2022. ... and separate data showed retail sales saw the largest ...
On 17 August 2012 the BBC Radio 4 program More or Less [3] noted that the Carli index, used in part in the British retail price index, has a built-in bias towards recording inflation even when over successive periods there is no increase in prices overall. [clarification needed] [Explain why]
Each are likely to have moderated further last month after initial reopening surges in demand and price increases earlier this year. Retail sales, Consumer Price Index: What to know this week ...
Uk inflation history inflation hit 24% in 1975 and in 1976 the Sterling crisis occurred, followed by the Winter of Discontent [2]. The traditional measure of inflation in the UK for many years was the Retail Prices Index (RPI), which was first calculated in the early 20th century to evaluate the extent to which workers were affected by price changes during the First World War.