Consumer Prices Index: Difference between revisions
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''Inflation measures.'' | |||
(CPI). | (CPI). | ||
1. | 1. ''UK.'' | ||
The Consumer Prices Index is a measure of inflation in the UK, calculated as the change from month to month in the prices of a standard basket of consumer goods and services. | |||
The Consumer Prices Index including owner occupier's housing costs (CPIH) is comprised of the CPI plus a measure of the costs associated with owner occupiers' housing (OOH). | |||
The CPI replaced the Retail Prices Index (RPI) | The UK CPI replaced the Retail Prices Index (RPI). | ||
The UK CPI was previously known as the Harmonised Index of Consumer Prices (HICP). | |||
2. | 2. ''United States.'' | ||
The Consumer Price Index is one of the leading inflation indices used in the US. | The Consumer Price Index is one of the leading inflation indices used in the US. | ||
| Line 28: | Line 33: | ||
* [[Cost of living adjustment]] | * [[Cost of living adjustment]] | ||
* [[CPI fixing swap]] | |||
* [[CPIH]] | |||
* [[Harmonised index of consumer prices]] | * [[Harmonised index of consumer prices]] | ||
* [[Index numbers]] | |||
* [[Inflation]] | * [[Inflation]] | ||
* [[Inflation target]] | |||
* [[Office for National Statistics]] (ONS) | |||
* [[Output price index]] | * [[Output price index]] | ||
* [[Personal Consumption Expenditures price index]] (PCE) | |||
* [[Producer Price Index]] | * [[Producer Price Index]] | ||
* [[Retail Prices Index]] | * [[Retail Prices Index]] | ||
* [[Services Producer Price Index]] | * [[Services Producer Price Index]] | ||
* [[Treasury inflation-indexed securities]] | * [[Treasury inflation-indexed securities]] | ||
==External link== | |||
*[https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/previousReleases UK consumer price inflation - Office for National Statistics] | |||
[[Category:Knowledge_and_information_management]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 21:42, 3 October 2023
Inflation measures.
(CPI).
1. UK.
The Consumer Prices Index is a measure of inflation in the UK, calculated as the change from month to month in the prices of a standard basket of consumer goods and services.
The Consumer Prices Index including owner occupier's housing costs (CPIH) is comprised of the CPI plus a measure of the costs associated with owner occupiers' housing (OOH).
The UK CPI replaced the Retail Prices Index (RPI).
The UK CPI was previously known as the Harmonised Index of Consumer Prices (HICP).
2. United States.
The Consumer Price Index is one of the leading inflation indices used in the US.
Its uses include the limited indexation of certain US pensions.
3.
More generally, a consumer prices index is a statistical estimate constructed using the prices of a defined sample of representative consumer items, such as goods and services, whose prices are collected periodically.
The index is compared to a base period to give an estimate of periodic inflation rates.
See also
- Cost of living adjustment
- CPI fixing swap
- CPIH
- Harmonised index of consumer prices
- Index numbers
- Inflation
- Inflation target
- Office for National Statistics (ONS)
- Output price index
- Personal Consumption Expenditures price index (PCE)
- Producer Price Index
- Retail Prices Index
- Services Producer Price Index
- Treasury inflation-indexed securities
