Who determines the retail price index?

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2026-03-31 19:20

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The Retail Price Index (RPI) is determined by the Office for National Statistics (ONS) in the United Kingdom. The ONS collects data on the prices of a basket of goods and services commonly purchased by households to calculate the RPI. This index reflects changes in the cost of living and is used for various economic analyses, including inflation measurement and adjustments in wages and benefits.

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