Quote:
Originally Posted by Bonnyboy
Never thought about this before but now that I have I realise I don’t know.
When the rate of inflation figure is talked of for what duration is it relating to. I mean is it per week, per month or an annual figure ?
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There are 2 'price indexes'
Consumer price index and retail price index
Reading this link should explain the difference
National Statistics Online - Economic
but it leaves me clueless