释义 |
Definition of retail price index in English: retail price indexnoun (in the UK) an index of the variation in the prices of retail goods and other items. Example sentencesExamples - The current ‘headline’ rate of inflation, the retail price index - which includes housing costs - is currently 3.2%, meaning that house prices in those areas are falling in real terms.
- But by the time the retail price index starts to climb - and it may be some time before it does - it will be too late to protect your wealth.
- The change will not affect the payment of benefits, which will continue to be indexed to the retail price index.
- A student loan starts accruing interest from the moment it is borrowed, but the interest rate is pegged to the retail price index.
- What's more, house-price growth has easily outstripped inflation (rising prices) elsewhere, with the core retail price index up only 28% over the past ten years.
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