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Retail Price Index

(UK, economics) A measure of inflation based on the changing cost of a representative sample of retail goods and services.

ˈɹiˌteɪl ˈpɹaɪs ˈɪndɛks142 viewsLast reviewed Jun 29, 2026+ Add a definition
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#1·Apr 27, 2026UK

(UK, economics) A measure of inflation based on the changing cost of a representative sample of retail goods and services. Calculated on a slightly different basis to the Consumer Price Index.

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