Retail Prices Index — ( RPI) An inflationary indicator that measures the prices of a representative sample of household goods and services. It is a general indicator which is used to measure the rise or fall in the cost of living … Financial and business terms
retail price index — /ˌri:teɪl praɪs ˌɪndeks/, retail prices index /ˌri:teɪl praɪsɪz ˌɪndeks/ noun an index which shows how prices of consumer goods have increased or decreased over a period of time. Abbreviation RPI COMMENT: In the UK, the RPI is calculated on a… … Dictionary of banking and finance
retail price index — retail price .index n abbreviation RPI the retail price index a list of certain goods and services and how much their prices change each month … Dictionary of contemporary English
retail price index — noun an index of changes in retail prices • Hypernyms: ↑price index, ↑price level * * * retail price index noun A monthly index of the retail prices of specific household goods and services, used as a measure of the rate of inflation (abbrev RPI) … Useful english dictionary
Retail Price Index — The measure of the rate of inflation in the United Kingdom, the Retail Price Index calculates the cost of buying a standard basket of goods and expresses this as a percentage of the base year index. For example, when the base year is 100 and the… … Financial and business terms
retail price index — N PROPER: the N The retail price index is a list of the prices of typical goods which shows how much the cost of living changes from one month to the next. [BRIT] The retail price index for September, to be released on Friday, is expected to show … English dictionary
Consumer Prices Index — (CPI) United Kingdom One of two consumer price indices used as the domestic measure of inflation in the UK (see also Retail Prices Index (RPI)). The CPI is published by the Office for National Statistics. It measures the average change from month … Law dictionary
Retail Price Index — RPI An index of the prices of goods and services in retail shops purchased by average households, expressed in percentage terms relative to a base year, which is taken as 100. For example, if 1987 is taken as the base year for the UK (i.e.… … Accounting dictionary
Retail Price Index — RPI An index of the prices of goods and services in retail shops purchased by average households, expressed in percentage terms relative to a base year, which is taken as 100. For example, if 1987 is taken as the base year for the UK (i. e.… … Big dictionary of business and management
retail price index — noun (in the UK) an index of the variation in the prices of retail goods and other items … English new terms dictionary
