Business Terms and Jargon Explained
What is Retail Prices Index - RPI - RPIX
The RPI is an index of the retail prices of goods and services, expressed in percentage terms relative to a base year. RPIX is calculated as the RPI excluding mortgage interest payments. The annual increase in the RPI is a measure of the rate of inflation.© Crown Copyright. Material taken from HM-Treasury. Reproduced under the terms and conditions of the Click-Use Licence.
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Term created / updated 2007-04-02 12:14:47
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