RPI

abbreviation

1. retail price index

Example Sentences

However, the BMA says many resident doctors have large student loans and that interest on these is calculated using a different inflation measure called RPI, which is higher.

Read more on BBC

But analysis from the Nuffield Trust think tank suggests pay has fallen 5% since 2008 if CPI is used, compared with nearly 20% with RPI.

Read more on BBC

The freeze marks the first point since then that fares will have been frozen, although there have been periods where price increases were below RPI, and a dip in prices following the financial crash in 2010.

Read more on BBC

They said both offers were below the RPI rate of inflation of 4.5% representing a real-terms pay cut for workers.

Read more on BBC

The government said it would use RPI figures to help make decisions about things such as pensions and benefits, and businesses use them to plan for future costs.

Read more on BBC