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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
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