Welcome, Guest. Please Login
YaBB - Yet another Bulletin Board
  To join this Forum send an email with this exact subject line REQUEST MEMBERSHIP to bbcstaff@gmx.com telling us your connection with the BBC.
  HomeHelpSearchLogin  
 
Page Index Toggle Pages: 1
Send Topic Print
RPI to CPI (Read 1046 times)
John
Junior Member
**
Offline


I Love YaBB 2!
Posts: 62

RPI to CPI
Dec 4th, 2018, 3:09pm
 
I wonder if this might eventually affect BBC pensioners?
www.theregister.co.uk/2018/12/04/bt_pension_scheme_court_appeal_judgment/
Back to top
 
 
IP Logged
 
chris west
Junior Member
**
Offline



Posts: 90
Spain
Re: RPI to CPI
Reply #1 - Dec 4th, 2018, 5:00pm
 
I like the sound of that.......
Back to top
 
 
IP Logged
 
JonW
YaBB Newbies
*
Offline



Posts: 13

Re: RPI to CPI
Reply #2 - Sep 4th, 2019, 8:53am
 
I heard on Radio 4 today that a House of Lords committee has determined that there should be a new measure of inflation that should be implemented within the next five years.

The purpose is to abolish the ' confusion ' between RPI and CPI and have just one statistic which will more accurately reflect ' real ' inflation.

What's the betting that it will be lower than RPI and pension funds will have been given a way to dump this higher rate as RPI will no longer exist ?
Back to top
 
 
IP Logged
 
Dickie Mint
Full Member
***
Offline



Posts: 222
Solihull, West Midlands
Gender: male
Re: RPI to CPI
Reply #3 - Sep 4th, 2019, 6:40pm
 
I would agree with them that the indices need reviewing! †A read through of this government explanation of what's in and out would make a good comedy script if it wasn't real!

Apart from adding stuff like Popcorn, both bought in Cinemas and shops and smart speakers like Alexa, and similar non-essential items, ease of collecting data on price changes seems important!
Back to top
 

Regards,
Richard
 
IP Logged
 
Dickie Mint
Full Member
***
Offline



Posts: 222
Solihull, West Midlands
Gender: male
Re: RPI to CPI
Reply #4 - Sep 4th, 2019, 8:36pm
 
JonW wrote on Sep 4th, 2019, 8:53am:
I heard on Radio 4 today that a House of Lords committee has determined that there should be a new measure of inflation that should be implemented within the next five years.


Found the report! Linky

And who wrote this UK Yahoo finance news report?!

Quote "RPIís flawed calculations of inflation have been generally higher than under the more respected consumer price index (CPI) measure since 2005."

"more respected ..CPI" Really?
Back to top
 

Regards,
Richard
 
IP Logged
 
Page Index Toggle Pages: 1
Send Topic Print