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Money Minute #46 – New Inflation Measure Hammers Pensions

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In our latest segment of “Money Minute,” we look at RPI (retail price index) and CPIH, more commonly known as (consumer prices index plus housing costs). Once again, our government is changing the goal posts on the official rate of inflation.

If you’re a student or commuter, this is welcome news. However if you’re an investor or pension fund, once again you will have the “benefit” of bring linked to a lower index.