Depiction of RIP RPI?

RIP RPI?

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Did the UK Office for National Statistics avoid the political challenge from pensioners and bond-holders of moving to a lower measure of inflation when it published its decision not to change RPI? Or has it empowered those using the price indices to choose the most appropriate measure for their situation by offering an alternative in the form of RPIJ? What was wrong with RPI anyway, and what is RPIJ?


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