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MNI POLICY: UK Consultation On RPI Inflation Measures Extended

MNI (London)
     LONDON (MNI) - The UK Statistics Authority and HM Treasury announced
Thursday the would be extending the consultation period examining the future of
the Retail Price Index.
     The full text of the release follows:
     Consultation on the future of the Retail Prices Index The UK Statistics
Authority and HM Treasury have today announced that they will be extending the
time period for the current joint consultation on the future of the Retail
Prices Index, in light of the ongoing COVID-19 pandemic.
     With businesses and individuals focused on mitigating the challenges that
this public health and economic emergency has created, the UK Statistics
Authority and HM Treasury agree that they cannot currently conclude a meaningful
consultation on this matter.
     The new closing date for the consultation will be 21 August. We will
continue to accept responses throughout the extended period. The Authority will
resume proactive engagement, including events, as circumstances allow. A
response to the consultation will now be published in Autumn 2020.
     An exchange of letters between the Chancellor of the Exchequer and Sir
David Norgrove, Chair of the UK Statistics Authority on this matter is
--MNI London Bureau; tel: +44 203-586-2225; email:
[TOPICS: MNBAU$,M$B$$$,M$E$$$,MC$$$$,M$$FI$,MFB$$$,MGB$$$,MN$FI$]
MNI London Bureau | +44 203-865-3812 |

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