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Retail Price Index

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sarah_louise | 14:17 Tue 16th Sep 2008 | Business & Finance
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Todays inflation rate was up from 4.4 to 4.8% I believe.

However, The Retail Price Index was down from 5% to 4.8%.

Am I being too cynical to suspect a lie here as this one in September is used for public sector pension increases next year ?
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The RPI includes house prices; the CPI does not.

The falls seen in the housing market have a deflationary effect which is reflected in the RPI but not the CPI.

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Retail Price Index

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