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:
Currency: GBP
Latest Release
Previous: 4.8%
Consensus: 4.6%
Actual: 4.6%
Next Release
Date: Oct 22, 06:00
Time left: 34 days
Consensus: 3.8%

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
1.3178
-420 pips
1.3542
+56 pips
1.35979
Symbol Action Percentage Volume Positions
GBPUSD Short 55% 11493.38 lots 33543
Long 45% 9220.09 lots 34745
18% of traders are currently trading GBPUSD.
GBPJPY
194.8266
-550 pips
199.0421
+128 pips
200.323
Symbol Action Percentage Volume Positions
GBPJPY Short 58% 493.76 lots 2800
Long 42% 360.14 lots 2022
4% of traders are currently trading GBPJPY.
EURGBP
0.8586
-85 pips
0.8671
+0 pips
0.86712
Symbol Action Percentage Volume Positions
EURGBP Short 84% 1754.78 lots 8447
Long 16% 346.46 lots 2704
9% of traders are currently trading EURGBP.
GBPCAD
1.8497
-256 pips
1.8705
+48 pips
1.87533
Symbol Action Percentage Volume Positions
GBPCAD Short 83% 672.56 lots 3889
Long 17% 137.04 lots 813
4% of traders are currently trading GBPCAD.
GBPCHF
1.0765
+12 pips
1.0893
-140 pips
1.07534
Symbol Action Percentage Volume Positions
GBPCHF Short 9% 54.78 lots 781
Long 91% 522.49 lots 3361
4% of traders are currently trading GBPCHF.
GBPNZD
2.2698
-320 pips
2.1428
+1590 pips
2.30182
Symbol Action Percentage Volume Positions
GBPNZD Short 89% 602.25 lots 3262
Long 11% 75.14 lots 673
2% of traders are currently trading GBPNZD.
GBPAUD
2.0030
-498 pips
2.0652
-124 pips
2.05277
Symbol Action Percentage Volume Positions
GBPAUD Short 54% 598.89 lots 1780
Long 46% 516.40 lots 2152
3% of traders are currently trading GBPAUD.
GBPNOK
13.3712
-92 pips
13.4562
-758 pips
13.38042
Symbol Action Percentage Volume Positions
GBPNOK Short 1% 0.01 lots 1
Long 99% 1.53 lots 17
0% of traders are currently trading GBPNOK.
GBPSEK
12.7017
+309 pips
12.8840
-2132 pips
12.67084
Symbol Action Percentage Volume Positions
GBPSEK Short 36% 0.33 lots 2
Long 64% 0.59 lots 9
0% of traders are currently trading GBPSEK.
GBPSGD
1.7349
-60 pips
1.7555
-146 pips
1.74093
Symbol Action Percentage Volume Positions
GBPSGD Short 58% 3.10 lots 37
Long 42% 2.21 lots 27
0% of traders are currently trading GBPSGD.