The retail consumer prices index (RPI) has been branded "flawed" and a call for it to be axed as an inflation measure has been made by the Institute for Fiscal Studies (IFS) director Paul Johnson.
In an independent review of consumer prices statistics for the UK Statistics Authority, Johnson observed there is an "unhelpful proliferation of price indices". This is causing confusion and encour...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
