RPI

British  

abbreviation

1. retail price index

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Example Sentences

It is common for a lease to include a clause that the ground rent increases by a certain percentage or RPI inflation at fixed intervals, which can make it difficult to sell or get a mortgage for a property.

From BBC

The mayor said a rise - equivalent to one percentage point above the RPI rate of inflation - was a condition of the £2.2bn capital funding deal that TfL agreed with central government in the spending review in June.

From BBC

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.

From 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.

From 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.

From BBC