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RPI was initially produced in the United Kingdom as a compensation index, based on an index aimed to defend ordinary employees against rising prices related to World War I. Since 1947, the RPI has provided assessments of inflation, with the first formal release of consumer price inflation being in January 1956, when the RPI was established. RPI and its derivatives were the only measures of consumer price inflation available to users in the United Kingdom until the introduction of the UK CPI, which occurred in 1996. According to the National Statistician, Jil Matheson, in response to a survey on proposals for updating the Retail Prices Index (RPI), it was discovered that one of the formulae used to generate the RPI did not meet international standards and recommended that a new index be produced. Private households are included in the RPI; however, the top 4% of families by income and elderly households that receive at least three-quarters of their income from benefits are excluded from the survey.

A higher than expected figure should be seen as positive (bullish) for the GBP while a lower than expected figure should be seen as negative (bearish) for the GBP.

Category:  Retail Price Index
Units: Percent
Details
Impact Low
Country transparent
Currency GBP
Latest Release
Previous 0.5%
Consensus 0.5%
Actual 0.6%
Next Release
Date Oct 20, 03:00
Time left 28 days

Forex Sentiment (GBP)

Symbol Community Trend (Shorts vs Longs) Symbol Popularity Avg. Short Price /
Distance From Price
Avg. Long Price /
Distance From Price
Current Price
GBPUSD
1.3498
-171 pips
1.3758
-89 pips
1.36686
Symbol Action Percentage Volume Positions
GBPUSD Short 12% 2038.42 lots 9203
Long 88% 14754.61 lots 36525
23% of traders are currently trading GBPUSD.
GBPJPY
147.0274
-278 pips
150.7585
-95 pips
149.811
Symbol Action Percentage Volume Positions
GBPJPY Short 21% 743.64 lots 3733
Long 79% 2842.07 lots 7262
7% of traders are currently trading GBPJPY.
EURGBP
0.8548
-35 pips
0.8678
-95 pips
0.8583
Symbol Action Percentage Volume Positions
EURGBP Short 46% 1559.55 lots 8599
Long 54% 1841.74 lots 7398
10% of traders are currently trading EURGBP.
GBPCAD
1.7377
-84 pips
1.7514
-53 pips
1.7461
Symbol Action Percentage Volume Positions
GBPCAD Short 44% 348.27 lots 1962
Long 56% 442.58 lots 1954
4% of traders are currently trading GBPCAD.
GBPCHF
1.2589
-89 pips
1.2769
-91 pips
1.26777
Symbol Action Percentage Volume Positions
GBPCHF Short 29% 222.61 lots 1337
Long 71% 550.41 lots 2152
3% of traders are currently trading GBPCHF.
GBPNZD
1.9379
-84 pips
1.9676
-213 pips
1.94633
Symbol Action Percentage Volume Positions
GBPNZD Short 14% 149.86 lots 854
Long 86% 899.82 lots 3356
3% of traders are currently trading GBPNZD.
GBPAUD
1.8637
-169 pips
1.8937
-131 pips
1.88057
Symbol Action Percentage Volume Positions
GBPAUD Short 70% 1013.16 lots 3038
Long 30% 430.17 lots 2195
5% of traders are currently trading GBPAUD.
GBPNOK
12.0474
+1668 pips
12.0612
-1806 pips
11.88056
Symbol Action Percentage Volume Positions
GBPNOK Short 80% 0.24 lots 4
Long 20% 0.06 lots 3
0% of traders are currently trading GBPNOK.
GBPSEK
0
-118428 pips
11.9576
-1148 pips
11.8428
Symbol Action Percentage Volume Positions
GBPSEK Short 0% 0.00 lots 0
Long 100% 0.10 lots 1
0% of traders are currently trading GBPSEK.
GBPSGD
1.8488
+26 pips
1.8573
-111 pips
1.84624
Symbol Action Percentage Volume Positions
GBPSGD Short 6% 0.83 lots 21
Long 94% 12.52 lots 48
0% of traders are currently trading GBPSGD.