Rpi how is it calculated




















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Free learning from The Open University. Featured content. Free courses. All content. Course content. About this free course 18 hours study. Level 1: Introductory. Course rewards. Free statement of participation on completion of these courses. Create your free OpenLearn profile. Course content Course content. Prices, location and spread Start this free course now.

Free course Prices, location and spread. For example, RPI for Nov. CPI for Nov. Long description. Discussion What you need to remember here is that the size of an area represents the proportion of expenditure on that class of goods or services.

Table 12 RPI weights Group Subgroup Weight Group weight Food and catering Food Catering 47 Alcohol and tobacco Alcoholic drink 56 Tobacco 29 85 Housing and household expenditure Housing Fuel and light 46 Household goods 62 Household services 67 Personal expenditure Clothing and footwear 45 Personal goods and services 39 84 Travel and leisure Motoring expenditure Fares and other travel costs 23 Leisure goods 33 Leisure services 71 All items i.

View larger image. Discussion Every household will be different, but think about the reasons for any large differences between your weights and those for the RPI. Previous 5 The UK government price indices. Next 5. Print Print. Take your learning further Making the decision to study can be a big step, which is why you'll want a trusted University.

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You can measure the growth of returns on your savings account and compare this against our RPI inflation calculator data to see whether your savings has kept the pace with RPI inflation. Also, this tool can be used to calculate the interest on the debt which is linked to the RPI index. Year Month. How to use it It is easy to use this RPI calculator all you need to do is the following: Select a start date and input the year and the month you wish the calculator to run the calculations from.

For instance, if you started savings account from January then select this date. Select an end date and input the year and month you want the calculator to end the calculations on.



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