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Friday, June 7, 2013

British Retail Price Index (RPI)

Is the main indicator to measure inflation in Britain, and The indicator measures the average change in prices of consumer goods and services in Britain, and the index another picture more credibility in the measurement of inflation is (RPIX), which are excluded benefits mortgages from basic indicator, because they change depending onthe policies of the banks.

Release date:

Is a monthly index, issued within 16 working days after the end of the month.

Type Indicator:

Inflation index

Source:

Britain's Office for National Statistics.

The degree of influence:

Average impact, and if the real value of the index when it is published larger than expected so that is a positive for the currency, but if the real value of the index when it is published less than expected, so that is a negative for the currency.

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