Inflation Issues

Household Cost Indices

Jill Leyland and John Astin have drafted a thoughtful paper providing a valuable contribution to the ONS proposals for Household Cost Indices. This is of interest to all those concerned with measuring inflation; download your copy of Measuring Inflation as Households see it now and be the first to provide your comment. The paper will […]

Inflation Report

Better Statistics advocates that public confidence in headline official statistics, such as the measure of inflation, should be monitored and targeted, with the targets influencing policy for both the collection and the presentation of those statistics to all elements of our society, as required by the policy for inclusiveness. Therefore, we analysed the results from […]

Awareness of inflation amongst the general public

Better Statistics CIC are grateful to Opinium Research for their support by conducting a short survey on awareness of inflation amongst the general public. Following from the increase in inflation in the official April figure we wished to test the finding from EScoE’s qualitative work that a majority of consumers understood the inflation rate and […]

Commentary on “A Response to the Consultation on the Reform to Retail Prices Index (RPI) Methodology”

Summary: On the 18th July 2019, Sir Bernard Jenkins reported to the House of Commons the findings of the then recent PACAC inquiry saying “In January 2019, the Economic Affairs Committee of the other place reported that by failing to fix RPI, UKSA risks breaching its statutory duties.” We believe that report formed the primary […]

Our campaign comments on the UKSA decision to replace the Retail Price Index with the CPIH

On Wednesday, whilst the chancellor was providing his statement on the 2020 spending review, the UK Statistical Authority released the response to the consultation on their proposals to replace the Retail Price Index with the CPIH. Unsurprisingly, they have ignored all contrary opinions and intend to proceed with their plans. Although the change will not […]

Phyllis Macfarlane comments on RPI methodology

I first became interested in Inflation measurement some years ago when GFK bid (unsuccessfully!) for the data collection work that inputs into the UK RPI. At that time the prices for each of the products and services in the basket of goods were collected by a team of market research Interviewers and the request for […]

RPI versus CPIH – what’s your opinion?

The Campaign for Better Business Statistics responses to the Joint UKSA / Treasury consultation on RPI methodology.   The Campaign for Better Business Statistics grew out of dissatisfaction with various aspects of UK business statistics, as provided by the ONS, and the belief that they were failing to capture many of the details of the […]