https://image.nostr.build/287a75d8861a8253d8b4778e61e8ac68dfef2b3c9dff0334693896dd13a51d2d.png

Frankly deplorable. 

 https://image.nostr.build/8e5b13b1d63c6bfacbb1bd18ea1e3b15cf4e1b170f46899701db5e88d235289c.png

RHS: Consumer Price Index (CPI) in the United Kingdom from 1st quarter 1988 to 1st quarter 2024
LHS: Retail Price Index (RPI) in the United Kingdom from 1st quarter 1987 to 1st quarter 2024

“We have been clear that the RPI is not a good measure, at times significantly overestimating inflation and at other times underestimating it and have consistently urged all – in Government and the private sector – to stop using it." Chair of the UK Statistics Authority, 2019

*Still* the RPI used to set most excise duty rates and the amount of interest charged on student loans. 

 https://youtu.be/hgAJwZv86XQ 

 https://image.nostr.build/d60b3b47da8d94c5bdd4875c2430ad23afff8760ca2372c34494138fa7731033.png 

 Hello