questionText: To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of the proposed alignment of the Retail Prices Index methodology with the Consumer Prices Index, including owner occupier housing costs from February 2030 on (a) wage-setting and (b) private sector pension benefit uprating.
answerText: The alignment of the methods and data sources of the Consumer Prices Index including owner occupiers’ housing costs into the Retail Price Index (RPI) reflects the flaws in RPI which can either overstate or understates price changes. The Bank of England wi...
heading: Pay and Pensions