Topic Videos
Measuring Inflation
- Level:
- AS
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 10 Apr 2019
This revision video looks at the definition and measurement of consumer price inflation in the UK economy
CPI and RPI Inflation
CPI is a price index that measures the price changes in a basket of goods that a consumer faces. RPI is a price index that uses the same principles as CPI but, ultimately, uses a different basket of goods/services to measure inflation and the average is calculated in a different way.
You might also like
Inflation - Problems in Forecasting Inflation
Study Notes
The Impact of rising house prices
12th April 2016
Disappearing into the Toblerone Triangle
9th November 2016
Interest Rates and Inflation - Chains of Reasoning
Topic Videos
Super Villains: Macroeconomic Policies Teaching Activity
Teaching Activities
Update on the UK Economy
14th April 2023
