Maintain RPI - head statistician

Pensioners have been given some welcome news after the UK's top statistician said a key measure of inflation linked to retirement income and a raft of other investments and services should remain unchanged.

Jil Matheson, the national statistician, said that while the calculations used behind the RPI (Retail Prices Index) do not meet international standards, the index should be maintained due to its "significant value" to index-linked bond markets.
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