Retail Prices Index: A Short History (2020)

The Retail Prices Index: A Short History (2020)

By Jeff Ralph, Robert O'Neill, and Paul a Smith

This Palgrave Pivot reviews the history of the UK's Retail Prices Index (RPI) from its origins just after the Second World War to its controversial position today. Both the developments in the methodology of the index and the political and social context in which its development took place are closely examined.

READ FULL DESCRIPTION

Quantity Price Discount
List Price $69.99  

Quick Quote

Lorem ipsum dolor sit amet, consectetur adipisicing elit

Non-returnable discount pricing

$69.99


Book Information

Publisher: Palgrave Pivot
Publish Date: 07/01/2020
Pages: 137
ISBN-13: 9783030465629
ISBN-10: 3030465624
Language: English

Full Description

This Palgrave Pivot reviews the history of the UK's Retail Prices Index (RPI) from its origins just after the Second World War to its controversial position today. Both the developments in the methodology of the index and the political and social context in which its development took place are closely examined. The authors explain how the RPI went from being the dominant measure of inflation for decades to its current position as an officially discredited index. Despite this status, it is still widely used and attracts much support from a range of stakeholders, including several areas of government.

Important reading for anyone interested in both sides of the argument for and against RPI and the likely way forward for the measurement of inflation.


About the Authors

Jeff Ralph is a visiting academic at the University of Southampton, UK. He worked for the Office for National Statistics, UK, for 14 years, retiring in 2018.

Learn More


Robert O'Neill is one of the country's most highly decorated Navy SEAL combat veterans, involved in our nation's most strategic military campaigns, including the mission to kill Osama Bin Laden.

Learn More

We have updated our privacy policy. Click here to read our full policy.