Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “retail price index”

See all translations

retail price index

noun [C, usually singular]
 
 
( abbreviation RPI) ECONOMICS
in the UK, a list of the prices of some basic goods and services, showing how they change over time, as a way of measuring inflation: Interest payments are increased in line with changes in the retail price index. The retail price index was up 3.6% from a year earlier.the retail price index increases/decreases The Retail Price Index (RPI) increased by 0.4% in May to an annual rate of 2.8%. →  See also consumer price index , cost of living index
Translations of “retail price index”
in Chinese (Traditional) 零售物價指數…
in Chinese (Simplified) 零售物价指数…
(Definition of retail price index from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of retail price index?
Add Cambridge dictionaries to your browser to your website

Definitions of “retail price index” in other dictionaries

Word of the Day

lamb

a young sheep, or the flesh of a young sheep eaten as meat

Word of the Day

The way we move (Verbs for walking and running)

by Kate Woodford,
March 25, 2015
​​​ This week we’re looking at interesting ways to describe the way that people move. Most of the verbs that we’ll be considering describe how fast or slow people move. Others describe the attitude or state of mind of the person walking or running. Some describe both. Starting with verbs for walking slowly,

Read More 

stackin’ p

March 30, 2015
idiom slang earning a lot of money ‘That’s a very generous present.”Yeah, well, she’s stackin’ p, innit?’

Read More