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<p>As set out at Budget 2018, the government recognises the flaws in the way that
the Retail Prices Index (RPI) is measured and has made progress in moving away from
using it. However, given the extensive use of the RPI across the public and private
sectors further moves away from the measure are complex and potentially costly.</p><p>
</p><p>The government’s objective is that the Consumer Prices Index including owner
occupiers’ housing costs (CPIH) will become its headline measure over time, and that
it will reduce the use of the RPI when and where practicable.</p>
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