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Measures of inflation
Latest blog by GAD in which we look at measures of price inflation, at how inflation was affected during the pandemic, as well as the RPI consultation conclusion.
Inflation is a key indicator of the health of an economy but with no single approach to measuring inflation, there’s debate about which methodology is most appropriate. In this blog we look at the outcome of a consultation to reform the UK’s longest standing measure of inflation, the Retail Price Index (RPI). Measures of Price Inflation: RPI, CPI, and CPIH.