Legal News

Retail Prices Index error identified

Published on: 04 March 2021
Published by LNB News

LNB News 04/03/2021

Document Information

Issue Date: 04 March 2021

Published Date: 04 March 2021

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Office for National Statistics (ONS) has stated that a mistake has been identified in the 2018-2019 Living Costs and Food Survey (LCF) dataset which has created an error to the Retail Prices Index (RPI) for 2020. This error has not impacted the Consumer Prices Index (CPI), or the owner occupiers’ housing costs (CPIH). The ONS has stated that steps are being taken to safeguard errors of this kind from happening in the future. The LCF will further undergo an end-to-end review of the current quality assurance processes.

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