Internet shopping in RPI
Howard Lake | 9 October 1999 | News
Internet shopping is to be included for the first time in measuring the retail price index. Mail order is already included in the calculation, so the inclusion of online shopping is a clear indication that it is regarded as a mainstream method of shopping.
Some commentators have said that including online shopping, where many consumers enjoy steep discounts, could reduce the inflation rate by 0.5%.
If charities needed any reminder that their trading companies need to be testing online selling, this is it.
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About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.