RPI/CPI User Group

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To foster co-operation and the exchange of information between the ONS, its advisory bodies and other users. Please see 'Aims of the RPI/CPI User Group' in the library for further details.

Bank of England Deputy Governor Ben Broadbent’s Evidence on the RPI before the House of Lords Economic Affairs Committee 

18-10-2018 02:31

Broadbent was an unfortunate choice as the final witness of the inquiry in terms of his prescriptions.  There is at least a transitional role for an RPI-based series, the RPIJ, to be used for most uprating purposes in the UK, and such series still have some value in informing monetary policy.

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Broadbent was an unfortunate choice as the final witness of the inquiry in terms of his prescriptions. There is at least a transitional role for an RPI-based series, the RPIJ, to be used for most uprating purposes in the UK, and such series still have some value in informing monetary policy.