Retail Price Index

Definition

RPI. An inflationary indicator that measures the change in the cost of a fixed basket of retail goods.

Use Retail Price Index in a sentence

If you want to know how the overall market is doing then you should try and follow the retail price index.

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I consulted the retail price index because it was important to me and it was important to everything I was doing.

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Sam looked at all the factors and he realized that the retail price index was actually climbing rapidly, which wasn't a good omen for the business expansion he had planned.

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RPI index-linked savings certificate