What Was Rpi In January 2025. 18 december 2024 view previous. The bank of england currently targets the cpi.
The retail price index (rpi) measures the change in the price of goods and services purchased by consumers for the purpose of consumption. British inflation is set to average 2.6% in 2025, finance minister rachel reeves said in her first budget speech on wednesday, citing forecasts from the office for budget.