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Originally Posted by jfman
RPI is by far the more accurate measure of inflation in the real world as experienced by the population at large.
CPI is selective to provide a lower value by excluding certain things - housing costs for example.
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Look on the ONS site and you will see that it really isn’t mad for the RPI. It lost its status as a national statistic back in 2013 and the latest release on the matter is pretty clear that it is considered “a very poor measure of general inflation at times greatly over estimating and at other times underestimating changes in prices and how these prices are experienced
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https://moneyweek.com/merryns-blog/t...-matters-55018
Other providers are using CPI. And where does the plus 3.9% come from? Are they laying thousands of miles of new cable? Or is it to make up for the customers they are shedding? Or is dare I say, corporate greed, and a weak regulator?