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- legislature_ses:25277
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UK Statistics Authority (1)
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Legislation
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To ask Her Majesty’s Government, further to the Written Answer by Lord Sassoon on 11 May (WA 213), whether their review of the consumer prices index will include reviewing the reasons why the difference between the consumer prices index and the retail prices index is larger in Britain than in...
To ask Her Majesty’s Government, further to the Written Answer by Lord Sassoon on 11 May (WA 213), whether their review of the consumer prices index will include reviewing the reasons why the difference between the consumer prices index and the retail prices index is larger in Britain than in...
Asked by
Lord German
(Liberal Democrat)
Answered by
Lord Taylor of Holbeach
(Conservative)
Answering body
United Kingdom Statistics Authority
Type
Written questions
Status
Answered
Answered on
18 May 2011
The information requested falls within the responsibility of the UK Statistics Authority. I have asked the authority to reply.
Letter from Stephen Penneck, Director General for ONS, to Lord German, dated May 2011.
As Director-General for the Office for National Statistics (ONS), I have been asked to reply to your Parliamentary Question asking whether the review of the Consumer Prices Index (CPI) and Retail Prices Index (RPI) will include a review of the reasons why the difference between these two indices is larger in Britain than in other European Union and Commonwealth countries. [HL9225].
ONS has been asked by the UK Statistics Authority to consider the strengths and weaknesses of the CPI and the RPI as macroeconomic measures of inflation and as compensation indices. In response to this request, the ONS intends to publish this summer an article that will describe the main current consumer price indices and future plans including the production of further variants. On current plans, it is likely that this article will also include an overview of the differences between the national CPI (RPI) and the Harmonised Index of Consumer Prices (CPI) in the UK and how these compare to the differences between such indices in other countries.
Subjects
Retail prices index; Consumer prices index
Date
18 May 2011
Reference
9225; 727 c335-6WA
House
House of Lords