Tuesday, May 17, 2011
Figures
CPI Statistical Bulletin
CPI 4.5% yoy Index value 119.3 from 118.1 RPI 5.2% yoy Index value 234.4 from 232.5 Core CPI 3.7% yoy This is the highest level since this series began in 1997.
Posted by dill @ 09:52 AM (3365 views)
One thought on “Figures”
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ontheotherhand says:
That’s funny. They spend a lot of time introducing other measures of inflation such as the Consumer Prices Index at constant tax rates (CPI-CT) which is at 3% and mention the series running since 1979, TPI or Tax and Price index, which basically tells you how much more you need to earn to buy the same basket of goods. The TPI is running at 5.8% (look it up before your next salary negotiation.
“The RPI measures the change in the amount of money required to purchase a given basket of goods and services. The TPI measures how much the average person’s gross income needs to change to purchase the basket, allowing for the average amount of income tax and national insurance paid on earnings.”