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Retail Price Index: RPI and inflation explained

10 January 2013 Last updated at 13:28 GMT

Venture capitalist Jon Moulton had 30 seconds to explain why the government considered changing the way the UK measures inflation using RPI.

The Office for National Statistics had been expected to move away from using RPI.

QE: How to create money out of nothing

Economic terms RPI, CPI, inflation, bonds and QE explained

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