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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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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 • Jun. 21, 2022

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 • Dec. 6, 2021

In England, students are currently charged 5.6% on their student loans while they are studying - which is the retail price index plus 3%.

From BBC • Feb. 2, 2021

The BRC wants a new system to calculate rate rises, which are currently guided by the retail price index of inflation in September.

From The Guardian • Jun. 26, 2013

Fifty thousand pounds in modern money, using a retail price index, but £725,000 in modern money using an average wage multiplier.

From "The Invention of Science" by David Wootton

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.