Chancellor urged to fix the retail price index
Retrieved on:
수요일, 2월 13, 2019
Treasury and Economic Affairs Committees urge Chancellor to allow flawed measure of inflation to be fixed
Key Points:
- The chairs have called on UKSA to write to the Chancellor for permission to correct the error and have urged the Chancellor to grant such permission.
- The Committee has previously urged the Government to abandon the use of RPI, which has been de-designated as a national statistic.
- The Authority told us they had not asked the Chancellor to approve fixes to RPI because they expected he would say no.
- The UK Statistics Authority should submit a request immediately, and the Chancellor should consent.