Retail Prices Index The RPI is defined as an average measure of change in the prices of goods and services bought for the purpose of consumption by the vast majority of households in the UK RPIX is a similar measure but with the effects of motgage interest payments removed
Retail Price Index; used to assess the annual increase in pensions and to indicate inflation rates
An index of the average level of prices in the UK Insurance companies often link contents insurance policies to it
Acronym for Retail Price Index Published monthly by the government and based on a selection of goods and services which measures increases and decreases in prices It is used to calculate the indexation allowance for capital gains, although the allowance has been frozen on 5 April 1998 Also used to increase personal allowances and tax bands automatically, unless the Government overrules the increase
The headline index used in the UK to measure inflation (the change in the value of a basket of goods) This is the index used for index-linked gilts There are several variants of RPI: RPI-X is the rate of inflation in the UK, excluding mortgage interest rates It is the inflation measure watched by the Bank of England in its remit to control inflation to a target rate set by the Chancellor of the Exchequer RPI-Y is as RPI-X, but also excluding changes in indirect taxation such as VAT
Rockwell Protocol Interface A type of HSP modem that is limited to 14 4 connections
The Retail Price Index (RPI) is used to calculate the value of certain state benefits The RPI is based around the cost of approximately 600 consumer products (~150,000 price quotations are sampled) which are compiled by the Office for National Statistics This provides a measure of price changes related to the cost of living to ensure that changes in the level of benefits are fair and realistic