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No change to RPI

No change to RPI
The Office for National Statistics has decided not to make major changes to the Retail Prices Index.

The ONS had consulted since October on possible changes to the way RPI was calculated, but no changes will now be made to the formula.

Instead, a new additional index of inflation known as RPIJ will be created, National Statistician Jil Matheson said.

Green Box: No change to RPIClick to open

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