Mobile Phone App’s Are In, but High-heeled Sensible Shoes Are Out!

The Office for National Statistics (ONS) announced today the new basis on which they will be calculating the consumer and retail price indices (CPI and RPI). These indices were first produced in 1948 and are revised each year to provide an indication of the change in price from year to year of the sorts of things that most of us buy on a regular basis.

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