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Difference Between CPI and RPI

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CPI vs RPI CPI and RPI are indices used to measure inflation in UK. CPI is Consumer Price Index, also called Harmonized Index of Consumer Prices (HICP). RPI is the Retail Price Index which measures change in prices of a basket of goods and services over a period of time. RPI RPI was devised to […]

Difference Between Consumer Price Index (CPI) and Gross Domestic Product (GDP) Deflator

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Consumer Price Index (CPI) vs Gross Domestic Product (GDP) Deflator Consumer Price Index (CPI) and Gross Domestic Product (GDP) deflator are the two measures of inflation. While people may get confused on how to distinguish one from the other, CPI and GDP deflator have their own purpose of why they exist and being used in […]