Qualification > Commerce
ALL ECONOMICS DISCUSSION, PAPERS HELP HERE!!
Freaked12:
whats the difference between a RPI and inflation??
hmh:
--- Quote from: Freaked12 on June 07, 2009, 02:15:44 pm ---whats the difference between a RPI and inflation??
--- End quote ---
Inflation is the general or substain rise in prices over time. RPI is Retail Price index which is used to measure inflation.
Hope tht helps.
hmh:
--- Quote from: pranav41 on June 07, 2009, 02:14:15 pm ---THX HMH ....that seems to be atleast 5/7 ........ may be more !
THX :)
--- End quote ---
It will be probly 7 wen u write in ur own words. Ur welcome :)
al noor:
--- Quote from: hmh on June 07, 2009, 02:19:50 pm ---
--- Quote from: Freaked12 on June 07, 2009, 02:15:44 pm ---whats the difference between a RPI and inflation??
--- End quote ---
Inflation is the general or substain rise in prices over time. RPI is Retail Price index which is used to measure inflation.
Hope tht helps.
--- End quote ---
Inflation is the persistent genearl increase in price of level of goods and services..
where as,,retail price index is a monthly survey carried out by the governement to measure price changes!!
hope it helps :P
Freaked12:
--- Quote from: hmh on June 07, 2009, 02:19:50 pm ---
--- Quote from: Freaked12 on June 07, 2009, 02:15:44 pm ---whats the difference between a RPI and inflation??
--- End quote ---
Inflation is the general or substain rise in prices over time. RPI is Retail Price index which is used to measure inflation.
Hope tht helps.
--- End quote ---
man sersly god bless you..
jus 1 more question...when they ask how to calculate RPI is it same like asking how to calculate inflation??
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