The RPI and the CPI are calculated differently, using different methods of calculating average prices, as well as different formulae. The ONS believes that the RPI isn’t a great statistic, because it is likely to considerably overstate or at times understate inflation, and it discourages its...
The latest figures for RPI inflation have been more positive, however, suggesting further easing in debt interest spending. We expect the government interest bill to total £77bn in 2023-24, down from £108bn in 2022-23. Public sector net borrowing is expected to reach around £120bn ...
The RCN says its members' real-term earnings have fallen by 6% in the last decade and has called for a pay rise of 5% above the RPI rate of inflation, which stood at 14% in November. The government awarded nurses around 4% on average, on the recommendation of an independent pay revi...
The RCN said despite this year's pay award of £1,400, experienced nurses were20% worse off in real termsdue to successive below-inflation awards since 2010. It has called for a pay rise of 5% above RPI inflation, saying the economic argument for paying nursing sta...
No surpirse, the sales team (ready to take people's money) answered straight away with fake promises of call backs. When concierge finally emailed me back in their own words: 'Please be 100% assured your flights are safe! What Sri Lankan airlines means is that they are not issued, ...
In England and Wales, the water sector is regulated under the RPI − X + K (Retail Prices Index − X, where K is based on capital investment requirements) price cap method [115]. As an economical regulatory agency, Ofwat is responsible for setting the price limit for each...
OurUKInflationChartbookrecapsthelatestmonthlyinflationdata,presentingourkeytakeaways,includingmeasuresofunderlyinginflationWealsoincludeanupdateofourinflationprojectionsforCPI,coreCPI,andRPI TheNovemberinflationdatashowedafurtherpick-upinpricemomentumHeadlineCPIprintedat262%y-o-y(DB:248%;BoE:242%)CoreCPIincreasedto...
No surpirse, the sales team (ready to take people's money) answered straight away with fake promises of call backs. When concierge finally emailed me back in their own words: 'Please be 100% assured your flights are safe! What Sri Lankan airlines means is that they are not issued, ...
Table 9. Threshold Auto-Regressive model for UK RPI and PPI Milk. Asymmetry is identified through P1 = P2. The null hypothesis of the test is symmetry is present, with the alternative being asymmetry is present. The P1 = P2 value is 0.03 and the critical value stated within the brackets...
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