What Is the Current RPI?

Answer

The rate of Retail Price Index (R.P.I) as of 2011 was 5.3%. It changes over 12 months and is used by government as a base for various purposes, such as the indexation of pensions, amounts payable on index-linked securities including index-linked gilts, and social housing rent increases. Many employers also use it as a starting point in wage negotiation.
2 Additional Answers
Up to March this year, the RPI (Retail Price Index) annual inflation is 5.3 per cent, down from 5.5 per cent in February. The common factors that affect CPI (Consumer Price Index) also affect RPI (Retail Price Index). The CPI (Consumer Price Index) however is at 4.0%.
UK inflation for November(2008) as measured by the CPI continued to decline, falling by 0.4% to 4.1% from the peak of 5.2% for Septembers(2008) data. The Bank of England would have been aware of the sharp fall in Octobers inflation that saw the interest rate cut of by 1.5%, followed by a further 1% cut in December that has taken UK interest rates sharply lower from a peak of 5% to stand at 2%. The interest rate cuts have been accompanied by BOE statements that UK economy is expected to contract by 2% GDP during 2009.
Q&A Related to "What Is the Current RPI"
Inflation. CPI up to 3.2% RPI down to 0.0% Annual inflation rates - 12 month percentage change. Consumer Prices Index (CPI) annual inflation - the Government's target measure - was
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5% in July, you can get all the information at the National Statistics website. Source(s): http://www.statistics.gov.uk/cci/nugget.…
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Wichita State is ranked 155 in the current RPI rankings in men's ba...
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RPI stands for Retail Price Index. It is the official measure
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Explore this Topic
RPI refers to Rate Per Interest and the current RPI rate in the United Kingdom is 5.3% and the interest rate is 1% plus the RPI. The rate that you get is based ...
To get the current RPI percentage one is advised to use the illustrated formula. RPI = (WP * 0.25) + (OWP * 0.50) + (OOWP * 0.25) Where WP is Winning Percentage, ...
RPI refers to the retail price index. It is used in indexation of index-linked gilts and also indexation of pensions and state benefits. The current RPI inflation ...
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