The General Price Level is an index that provides a measure of the purchasing power of money. It is used to gauge inflation or deflation in an economy.
Growth rate is a metric that illustrates the amount of change over a period in certain financial characteristics of a company, such as sales revenue or profits. It is usually expressed as a percentage and can be compared to the Retail Price Index or another inflation measure to evaluate the company's real performance.
Indexation is the practice of adjusting the chargeable gain from the sale of an asset to take account of inflation over the period of ownership, and the policy of connecting economic variables like wages, taxes, and pensions to rises in the general price level.
An index reflecting the prices of goods and services in retail shops purchased by average households, calculated relative to a base year. The RPI is a key economic indicator published monthly by the Office for National Statistics.
The Retail Price Index (RPI) is a measure of inflation published monthly by the UK government. It indicates the rate of price change for a fixed basket of goods and services, which reflects the spending habits of households.
