The UK Statistics Authority (the Authority) and HM Treasury have launched a consultation on the Authority’s proposal to address the shortcomings of the Retail Prices Index (RPI) measure of inflation.
HM Treasury is consulting on the appropriate timing for the proposed changes to the RPI to take place. The Authority is consulting on how to make its proposed methodological changes to the RPI in a way that follows best statistical practice.
This consultation closes at
11:59pm on 21 August 2020
This consultation seeks views from across the UK. The Authority and HM Treasury will respond to the consultation during autumn 2020.
How to respond:
We encourage you to respond on the e-Consultation platform.
However, responses in writing or via email will also be accepted. Should you wish to submit your main response via the e-Consultation platform and any supporting information via hard copy or email, please be clear that this is part of the same consultation response.
To respond or get in touch, please visit the consultation page on Citizen Space.
The Authority is engaging with stakeholders across England, Scotland, Wales and Northern Ireland. The next event is on 27 July. If you are holding a stakeholder event and would like the Authority to speak or provide information about this consultation, please telephone 01633 456 900.
On 16 April 2020 the UK Statistics Authority and HM Treasury announced that they would be extending the time period for this consultation to 21 August 2020, in light of the Covid-19 pandemic. A response to the consultation will now be published in Autumn 2020. An exchange of letters between the Chancellor of the Exchequer and Sir David Norgrove, Chair of the UK Statistics Authority on this matter is available here.