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Retail Price Index for August 2017 Announced

The retail price index for August 2017 has been announced as 3.9%, rising from 3.6% a month before. The September 2017 figure - to be published on 17 October - will be key in determining the 2018-2019 business rate multipliers. Given that the 2017-2018 multipliers were based on an inflation rate of 2%, next month's figures will be vital in terms of forecasting forward liabilities.

For updated liability projections please contact Alan Vickery

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