RETAIL PRICE INDEX


Meaning of RETAIL PRICE INDEX in English

( abbr the RPI )

a figure published by the British government every month which shows the change in the overall cost of goods and services bought by an average household. It is used to calculate the rate of inflation.

Oxford guide to British and American culture English vocabulary.      Руководство по британской и американской культуре, Оксфордский английский словарь.