Possible changes to the Retail Prices Index: what they are and why they matter

Levell, P. (2012). Possible changes to the Retail Prices Index: what they are and why they matter.
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Peter Levell of the IFS analyses changes in the way the Retail Prices Index (RPI) is calculated and discusses what they entail. Most benefit payments and tax rates have already switched to being linked to the CPI and so any change to the RPI would not affect them, but government bondholders may be adversely impacted.

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