No change to RPI inflation calculation
There will be no change to the way the retail prices index is calculated, after the Office for National Statistics conducted a three-month consultation.
Instead, a new additional index of inflation - RPIJ - will be created.
The RPI measure will continue to be used for the calculating increases of private sector pensions and index-linked bonds.
Hugh Pym reports.
10 Jan 2013
- From the section Business