§ Mr. Tony Lloydasked the Prime Minister what measures Her Majesty's Government use of relative price changes beside the retail price index; and whether any of these measure relative price changes affecting elderly people specifically.
§ The Prime MinisterBesides the retail prices index, commonly used measures of domestic price changes include the producer price indices (the price index for materials and fuel purchased by manufacturing industry and the price index for home sales of manufactured products); the price deflators for gross domestic product and total final expenditure, the consumers' expenditure price deflator and the tax and price index. There are also the quaterly one and two-person pensioner price indices which are specifically designed to show the impact of price changes on the expenditure of one-person and two-person pensioner households.