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: 4.5%
Consensus: 4.3%
Actual: 4.3%
Next Release
Date: Jul 16, 06:00
Time left: 7 days
Consensus: 4%

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
1.3065
-519 pips
1.3584
+0 pips
1.35842
Symbol Action Percentage Volume Positions
GBPUSD Short 65% 5418.45 lots 20417
Long 35% 2895.56 lots 12017
18% of traders are currently trading GBPUSD.
GBPJPY
194.2129
-519 pips
197.4174
+199 pips
199.406
Symbol Action Percentage Volume Positions
GBPJPY Short 79% 839.45 lots 3632
Long 21% 228.98 lots 1816
4% of traders are currently trading GBPJPY.
EURGBP
0.8541
-89 pips
0.8614
+16 pips
0.86304
Symbol Action Percentage Volume Positions
EURGBP Short 90% 3400.33 lots 15202
Long 10% 377.56 lots 2256
10% of traders are currently trading EURGBP.
GBPCAD
1.8161
-411 pips
1.8614
-42 pips
1.85724
Symbol Action Percentage Volume Positions
GBPCAD Short 50% 252.49 lots 1491
Long 50% 255.20 lots 1009
3% of traders are currently trading GBPCAD.
GBPCHF
1.0848
+32 pips
1.0978
-162 pips
1.08163
Symbol Action Percentage Volume Positions
GBPCHF Short 11% 53.76 lots 673
Long 89% 444.14 lots 3991
3% of traders are currently trading GBPCHF.
GBPNZD
2.2197
-470 pips
2.1285
+1382 pips
2.26669
Symbol Action Percentage Volume Positions
GBPNZD Short 73% 172.98 lots 1230
Long 27% 62.80 lots 669
1% of traders are currently trading GBPNZD.
GBPAUD
2.0205
-596 pips
2.0942
-141 pips
2.08008
Symbol Action Percentage Volume Positions
GBPAUD Short 61% 392.54 lots 1792
Long 39% 247.61 lots 1140
2% of traders are currently trading GBPAUD.
GBPNOK
13.6623
-407 pips
13.7809
-779 pips
13.70303
Symbol Action Percentage Volume Positions
GBPNOK Short 30% 0.03 lots 2
Long 70% 0.07 lots 3
0% of traders are currently trading GBPNOK.
GBPSEK
12.8783
-494 pips
13.1665
-2388 pips
12.92772
Symbol Action Percentage Volume Positions
GBPSEK Short 41% 0.34 lots 2
Long 59% 0.49 lots 10
0% of traders are currently trading GBPSEK.
GBPSGD
1.7353
-34 pips
1.7530
-143 pips
1.73867
Symbol Action Percentage Volume Positions
GBPSGD Short 42% 2.56 lots 38
Long 58% 3.55 lots 31
0% of traders are currently trading GBPSGD.