the RPI: a measure of inflation (=the rate at which the cost of living is rising or falling). It consists of a list of the prices of some basic goods and services, which is published each month.
Synonyms and related words
Prices and costs
price
cost
charge
the retail price index
nouneconomicsBritish
US
DEFINITIONS1
1
the RPI: a measure of inflation (=the rate at which the cost of living is rising or falling). It consists of a list of the prices of some basic goods and services, which is published each month.