Consumer Prices Index and Credit Guarantee Scheme: Difference between pages

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imported>Doug Williamson
(NEW ENTRY - Created to show correct title of UK CPI with additional general definition see file: https://www.google.co.uk/#q=consumer+price+index+definition)
 
imported>Doug Williamson
(Add heading.)
 
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(CPI).
''UK''


1.  
(CGS).  


The Consumer Prices Index is a leading 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.
A former UK Treasury scheme under which banks and other financial institutions could obtain credit insurance effectively backed by the government, in return for a fee (designed to be calculated on a full commercial basis).


The CPI has replaced the Retail Prices Index (RPI) for a number of purposes as the primary measure of inflation in the UK.
The CGS was launched in 2008 with the aim of making it easier for financial institutions to borrow money.
Previously known as the Harmonised Index of Consumer Prices (HICP).


The CGS closed in 2012.


2.


One of the leading inflation indices used in the US. Its uses include the limited indexation of certain US pensions.
(The former CGS should not be confused with the UK [[Export Credits Guarantee Department]], which relates to ''exports'' from the UK.)




3.
== See also ==


More generally, 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 year to give an estimate of inflation.
* [[Asset purchase facility]]
 
* [[Export Credits Guarantee Department]]
 
 
==See also==
 
* [[Cost of living adjustment]]
* [[Harmonised index of consumer prices]]
* [[Inflation]]
* [[Output price index]]
* [[Producer Price Index]]
* [[Retail Price Index]]
* [[Services Producer Price Index]]
* [[Treasury inflation-indexed securities]]

Revision as of 22:44, 23 November 2016

UK

(CGS).

A former UK Treasury scheme under which banks and other financial institutions could obtain credit insurance effectively backed by the government, in return for a fee (designed to be calculated on a full commercial basis).

The CGS was launched in 2008 with the aim of making it easier for financial institutions to borrow money.

The CGS closed in 2012.


(The former CGS should not be confused with the UK Export Credits Guarantee Department, which relates to exports from the UK.)


See also

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