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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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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 Jun. 21, 2022

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

Around 45% of fares are regulated by government, and capped at July's retail price index inflation figure - 3.2%.

From BBC Jan. 1, 2019

However, the link will be to the consumer price index rather than the retail price index, currently the lower of the two measures of inflation.

From The Guardian Jun. 24, 2010

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

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