Consumer Prices Index and Revaluation: 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 link.)
 
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(CPI).
1. ''Financial reporting''.  


1.  
A reassessment of the value of an item already held, usually resulting in an increase in value.


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.


The CPI has replaced the Retail Prices Index (RPI) for a number of purposes as the primary measure of inflation in the UK.
2. ''Foreign exchange''.  
Previously known as the Harmonised Index of Consumer Prices (HICP).


A change in the value of a currency in a fixed exchange rate system, usually resulting in an increase in its value relative to other currencies (contrasted with a devaluation).


2.


One of the leading inflation indices used in the US. Its uses include the limited indexation of certain US pensions.
3.


Any reassessment of value.


3.


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.
== See also ==
* [[Accrued benefit obligation]]
* [[Currency]]
* [[Devaluation]]
* [[Financial reporting]]
* [[Foreign exchange]]
* [[Pension fraction]]
* [[Pensionable salary]]
* [[Remeasurement]]
*[[Valuation]]


 
[[Category:Accounting,_tax_and_regulation]]
 
[[Category:The_business_context]]
==See also==
[[Category:Investment]]
 
[[Category:Financial_products_and_markets]]
* [[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 15:36, 22 October 2020

1. Financial reporting.

A reassessment of the value of an item already held, usually resulting in an increase in value.


2. Foreign exchange.

A change in the value of a currency in a fixed exchange rate system, usually resulting in an increase in its value relative to other currencies (contrasted with a devaluation).


3.

Any reassessment of value.


See also

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