Articles and reports: 62F0014M19970103364Description: From a U.K. perspective, the Boskin Report raises no new issues; it simply gives some issues greater prominence. AT the U.K.'s Office for National Statistics, as in other national statistical agencies around the world, a substantial amount of research has been conducted over a number of years into methodology associated with consumer prices indices, and this work is continuing. Our view is that the Retail Prices Index (RPI) presently remains the most accurate single measure of consumer inflation in the U.K. It is produced using the best available methodology following advice from an independent RPI advisory committee. We believe that many of the issues raised in the Boskin Report for the U.S.A. have less in the U.K. This view is also shared by a number of independent commentators. Nevertheless, along with many other countries, we are undertaking further research and analysis to investigate the issues raised.Issue Number: 1997010Frequency: UnknownAuthor(s): Fenwick, DavidMain Product:Prices Analytical Series
