|Mar 21, 09:30||Retail Price Index (MoM)||-0.6%||0.8%||1.1%|
Retail Price Index (MoM)
Retail Price Index released by the National Statistics is a statistical measure of a weighted average of prices of a specified set of goods and services purchased by consumers. It is widely considered as a key measure of inflation that indicates an accurate reflection of the cost of living. Normally, a high reading is seen as positive (or bullish) for the GBP, whereas a low reading is seen as negative (or bearish).
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