The Retail Price Index (RPI) YoY in the UK measures the annual change in the cost of a basket of retail goods and services, reflecting inflation from the consumer's perspective. It is crucial for adjusting wages, pensions, and index-linked securities, impacting consumer purchasing power and financial planning. Although less favored than the Consumer Price Index (CPI) for policy-making, RPI still influences financial markets by affecting inflation expectations and interest rate decisions.
The Retail Price Index (RPI) YoY in the UK measures the annual change in the cost of a basket of retail goods and services, reflecting inflation from the consumer's perspective. It is crucial for adjusting wages, pensions, and index-linked securities, impacting consumer purchasing power and finan...