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Synonyms

retail price index

British  

noun

  1.  RPI.  (in Britain) a list, based on government figures and usually published monthly, that shows the extent of change in the prices of a range of goods selected as being essential items in the budget of a normal household

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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One is the retail price index - the RPI measure of inflation - and the other is the Bank of England base rate, plus 1%.

From BBC

A day earlier, Mr. Lynch told Sky News that a deal should have been done in December, when the retail price index, a measure of inflation, was at about 7 percent.

From New York Times

A day earlier, Mr. Lynch told Sky News that a deal should have been done in December, when the retail price index, a measure of inflation, was at 7 percent.

From New York Times

Rival Virgin Media said earlier this month that it would hike its prices from the beginning of April by 3.9% plus inflation as measured by the retail price index inflation rate for February.

From BBC

Unite said the pay rise offered by the firm was "well below" the current retail price index rate, another measurement of inflation, which is at 6%.

From BBC