The Retail Prices Index May Be Discredited – But It Is Still Very Much Alive
The Retail Prices Index May Be Discredited – But It Is Still Very Much Alive
The venerable Retail Prices Index (RPI) has its roots in the 1940s and is nowadays widely considered to be a flawed and unreliable measure of inflation. However, in a ruling of importance to employers and pension scheme administrators, the High Court has confirmed that it