HOW INFLATION IS MEASURED

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HOW INFLATION IS  MEASURED
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ABOUT
Measuring changes in the average price levels
requires the use of a device called the index. It
becomes difficult to track changes in the average
price levels of every product and service in the
economy at all times. The UK government uses
several indices to trace the price changes,
including Customer Price Index (CPI) introduced
in 2003 and the Retail Price Index (RPI) which
was introduced in 1947.
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CONTACT
iSmart Consumer Services Ltd Regents Pavilion 4
Summerhouse Road Northampton NN3 6BJ 08000
439243  customer.services_at_i-smartbusiness.co.uk
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To Know More Information Visit Our Site
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