retail price index

noun

1. (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 RPI

Example Sentences

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

The retail price index soared in August after the government devalued the local currency by almost 18% to 350 pesos, alongside a series of other economic measures ahead of the presidential elections on Oct.

From Reuters

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

Related Words

• consumer price index
• wholesale price index