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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 3.8%
Consensus 4.7%
Actual 4.8%
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
1.3497
-169 pips
1.3758
-92 pips
1.36658
Symbol Action Percentage Volume Positions
GBPUSD Short 12% 2040.63 lots 9159
Long 88% 14743.16 lots 36501
23% of traders are currently trading GBPUSD.
GBPJPY
146.9924
-276 pips
150.7557
-101 pips
149.749
Symbol Action Percentage Volume Positions
GBPJPY Short 20% 729.77 lots 3679
Long 80% 2845.63 lots 7285
7% of traders are currently trading GBPJPY.
EURGBP
0.8548
-36 pips
0.8678
-94 pips
0.85842
Symbol Action Percentage Volume Positions
EURGBP Short 46% 1556.06 lots 8585
Long 54% 1839.99 lots 7390
10% of traders are currently trading EURGBP.
GBPCAD
1.7378
-93 pips
1.7515
-44 pips
1.74707
Symbol Action Percentage Volume Positions
GBPCAD Short 46% 352.18 lots 1983
Long 54% 420.29 lots 1882
4% of traders are currently trading GBPCAD.
GBPCHF
1.2590
-85 pips
1.2769
-94 pips
1.26751
Symbol Action Percentage Volume Positions
GBPCHF Short 29% 223.17 lots 1334
Long 71% 549.73 lots 2141
3% of traders are currently trading GBPCHF.
GBPNZD
1.9378
-86 pips
1.9672
-208 pips
1.94636
Symbol Action Percentage Volume Positions
GBPNZD Short 14% 146.50 lots 840
Long 86% 912.91 lots 3420
3% of traders are currently trading GBPNZD.
GBPAUD
1.8638
-177 pips
1.8938
-123 pips
1.88149
Symbol Action Percentage Volume Positions
GBPAUD Short 71% 1021.46 lots 3060
Long 29% 421.02 lots 2167
5% of traders are currently trading GBPAUD.
GBPNOK
12.0474
+1680 pips
12.0612
-1818 pips
11.87937
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
-118415 pips
11.9576
-1161 pips
11.84149
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
+30 pips
1.8573
-115 pips
1.84576
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.