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The Central Statistical Office launched the Revised Methodology of the Index of Retail Prices (RPI), on May 15th, 2015 at the Radisson Hotel. The Index of Retail Prices is a weighted average of the proportionate changes in the prices of a specified set or ‘basket’ of consumer goods and services between two periods of time. It is one of the most necessitated and extensively used gauges of the Central Statistical Office Trinidad and Tobago.

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