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19 relations: Arithmetic mean, Bank of England, Chancellor of the Exchequer, Conservative Party (UK), Consumer price index, European Exchange Rate Mechanism, Fried chicken, Geometric mean, Governor of the Bank of England, Inflation, John Redwood, Labour Party (UK), Monetary Policy Committee, Norman Lamont, Office for National Statistics, Pollyanna Creep, Retail price index, Rosé, RPIX.
Arithmetic mean
In mathematics and statistics, the arithmetic mean (stress on third syllable of "arithmetic"), or simply the mean or average when the context is clear, is the sum of a collection of numbers divided by the number of numbers in the collection.
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Bank of England
The Bank of England, formally the Governor and Company of the Bank of England, is the central bank of the United Kingdom of Great Britain and Northern Ireland and the model on which most modern central banks have been based.
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Chancellor of the Exchequer
The Chancellor and Under-Treasurer of Her Majesty's Exchequer, commonly known as the Chancellor of the Exchequer, or simply the Chancellor, is a senior official within the Government of the United Kingdom and head of Her Majesty's Treasury.
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Conservative Party (UK)
The Conservative Party, officially the Conservative and Unionist Party, is a centre-right political party in the United Kingdom.
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Consumer price index
A consumer price index (CPI) measures changes in the price level of of and purchased by households.
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European Exchange Rate Mechanism
The European Exchange Rate Mechanism (ERM) was a system introduced by the European Economic Community on 13 March 1979, as part of the European Monetary System (EMS), to reduce exchange rate variability and achieve monetary stability in Europe, in preparation for Economic and Monetary Union and the introduction of a single currency, the euro, which took place on 1 January 1999.
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Fried chicken
Fried chicken (also referred to as Southern fried chicken for the variant in the United States) is a dish consisting of chicken pieces usually from broiler chickens which have been floured or battered and then pan-fried, deep fried, or pressure fried.
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Geometric mean
In mathematics, the geometric mean is a mean or average, which indicates the central tendency or typical value of a set of numbers by using the product of their values (as opposed to the arithmetic mean which uses their sum).
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Governor of the Bank of England
The Governor of the Bank of England is the most senior position in the Bank of England.
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Inflation
In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.
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John Redwood
John Alan Redwood (born 15 June 1951) is a British Conservative Party politician, and Member of Parliament (MP) for Wokingham in the county of Berkshire.
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Labour Party (UK)
The Labour Party is a centre-left political party in the United Kingdom.
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Monetary Policy Committee
The Monetary Policy Committee (MPC) is a committee of the Bank of England, which meets for three and a half days, eight times a year, to decide the official interest rate in the United Kingdom (the Bank of England Base Rate).
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Norman Lamont
Norman Stewart Hughson Lamont, Baron Lamont of Lerwick, PC (born 8 May 1942) is a British politician and former Conservative MP for Kingston-upon-Thames.
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Office for National Statistics
The Office for National Statistics (ONS) is the executive office of the UK Statistics Authority, a non-ministerial department which reports directly to the UK Parliament.
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Pollyanna Creep
Pollyanna Creep is a phrase that originated in 2004 with John Williams, a California-based economic analyst and statistician.
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Retail price index
In the United Kingdom, the retail prices index or retail price index (RPI) is a measure of inflation published monthly by the Office for National Statistics.
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Rosé
A rosé (from French rosé; also known as rosado in Portuguese and Spanish-speaking countries and rosato in Italy) is a type of wine that incorporates some of the color from the grape skins, but not enough to qualify it as a red wine.
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RPIX
RPIX is a measure of inflation in the United Kingdom, equivalent to the all items Retail Price Index (RPI) excluding mortgage interest payments.
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References
[1] https://en.wikipedia.org/wiki/Consumer_Price_Index_(United_Kingdom)
